Metaverse Gaming - Indonesia | Statista Market Forecast

The Metaverse Gaming market in Indonesia is expected to reach a value of US$188.5m in 2024.
This market segment is projected to show a strong annual growth rate (CAGR 2024-2030) of 43.34%, resulting in a projected market volume of US$1.6bn by 2030.
In 2024, United States is expected to generate the highest value in the Metaverse Gaming market, with a projected market volume of US$7.5bn.
By 2030, the number of users in the Metaverse Gaming market in Indonesia is expected to reach 29.7m users.
The user penetration rate is projected to be 3.3% in 2024 and is expected to increase to 10.2% by 2030.
The average value per user (ARPU) is expected to amount to US$20.7.
Indonesia's Metaverse Gaming market is witnessing a surge in local game development, as homegrown talent taps into the country's rich cultural heritage for immersive and engaging gaming experiences.

Definition:

The Gaming market refers to the playing of video games or other interactive experiences within virtual reality environments, such as virtual worlds, social VR platforms, and other immersive digital spaces. This definition includes traditional single-player and multiplayer games as well as more open-ended virtual worlds, where players can interact with each other and the environment in a variety of ways. Gaming in the metaverse can be experienced through different hardware, such as VR headsets, smartphones, and computers, and can also include new forms of gaming such as social gaming, multiplayer gaming, and location-based gaming.

Structure:

The Gaming market includes the markets Action Games, Adventure Games, Casual Games, Role-playing Games, Simulation Games, Sports & Racing Games and Strategy Games. Each genre has different games published that are classified as metaverse games in respective metaverse applications, or individual games.

Additional Notes:

The market comprises market sizes, users, average revenue per user, and penetration rates. Market sizes are generated through in-app purchases and consumer spending on apps, games, and items. Market numbers about the Gaming market can also be found in the Digital Market Insights. Key players in the market are games like Fortnite, Roblox or Minecraft. Use the info button right next to the boxes for more information on the data displayed.

Games directly in metaverse considered apps, such as games in Roblox
Open-world games, shaped by users, such as Fortnite
Sandbox games, such as Minecraft
Social virtual reality games, such as VRChat

Open-world games, with a story line, such as World of Warcraft
All other non related metaverse games, such as Call of Duty
Non-metaverse related browser games, such as Forge of Empires

The Metaverse Gaming market in Indonesia is experiencing significant growth and development.

Customer preferences: Indonesian gamers have shown a strong interest in the Metaverse Gaming market. The country has a large and growing population of gamers who are increasingly looking for immersive and interactive gaming experiences. This is driving the demand for Metaverse Gaming platforms that offer virtual worlds, social interactions, and customizable avatars. Additionally, Indonesian gamers are known for their enthusiasm for mobile gaming, and this preference is also reflected in the Metaverse Gaming market.

Trends in the market: One of the key trends in the Metaverse Gaming market in Indonesia is the rise of locally developed platforms. Indonesian game developers are capitalizing on the growing demand for Metaverse Gaming experiences by creating their own virtual worlds and platforms. These locally developed platforms offer unique and culturally relevant content, attracting a loyal user base. This trend not only contributes to the growth of the Metaverse Gaming market in Indonesia but also strengthens the local game development industry. Another trend in the market is the integration of e-commerce and virtual economies within Metaverse Gaming platforms. Indonesian gamers are increasingly using virtual currencies and in-game purchases to enhance their gaming experiences. This has led to collaborations between Metaverse Gaming platforms and e-commerce platforms, allowing gamers to buy virtual goods and services directly within the virtual world. This integration not only provides convenience for gamers but also opens up new revenue streams for both the gaming and e-commerce industries.

Local special circumstances: Indonesia's large and diverse population, coupled with its growing middle class, provides a favorable environment for the development of the Metaverse Gaming market. The country has a high smartphone penetration rate, making it accessible for a wide range of gamers. Furthermore, the young demographic in Indonesia is particularly receptive to new technologies and gaming experiences, driving the adoption of Metaverse Gaming platforms.

Underlying macroeconomic factors: Indonesia's strong economic growth and increasing disposable income have contributed to the development of the Metaverse Gaming market. As more Indonesians have the means to invest in gaming devices and platforms, the demand for immersive gaming experiences has grown. Additionally, the government's focus on digital infrastructure development and support for the technology sector has created a conducive environment for the growth of the Metaverse Gaming market. In conclusion, the Metaverse Gaming market in Indonesia is experiencing significant growth and development driven by customer preferences for immersive and interactive gaming experiences. The rise of locally developed platforms, integration of e-commerce, and favorable macroeconomic factors are all contributing to the expansion of the market. With a large and enthusiastic gamer population, Indonesia presents a promising market for Metaverse Gaming platforms and developers.

Data coverage:

Figures are based on in-app spending, consumer spending, in-game spending, app downloads, and investment and funding data.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use reports, third-party studies, and research companies. Next, we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, and internet penetration rates. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the S-curve function and exponential trend smoothing are well suited to forecast digital products and services due to the non-linear growth of technology adoption. The main drivers are consumer spending per capita, level of digitalization, and cloud revenues.

Additional Notes:

The market is updated twice per year in case market dynamics change. Consumer Insights data is unbiased for representativeness.

This report presents a comprehensive analysis and additional information on the Advertising & Media market, in a PDF format.

For everybody who spends a lot of time in digital worlds – for example via gaming and socializing in-game – the concept of the metaverse, a virtual world where physical and digital worlds come together, is nothing new. In-game hangouts in massively multiplayer online games (MMO) and other multiplayer games have been a vital part of the gaming community for years, and the activity received a boost during the COVID-19 pandemic when people turned to online worlds to connect with each other. Overall, these online game hangouts are an important step along the journey to metaverse gaming.