Metaverse Gaming - Mexico | Statista Market Forecast

The Metaverse Gaming market is estimated to reach a value of US$271.5m in 2024, with an anticipated annual growth rate (CAGR 2024-2030) of 43.36%.
This growth is expected to result in a projected market volume of US$2.4bn by 2030.
It is worth noting that United States is the primary driver of this market segment, with a projected market volume of US$7.5bn in 2024.
In terms of user base, the number of Metaverse Gaming market users is expected to reach 19.6m users by 2030.
The user penetration rate, which currently stands at 4.7% in 2024, is projected to increase to 14.6% by 2030.
This indicates a growing interest and adoption of Metaverse Gaming market among the population.
Furthermore, the average value per user (ARPU) is expected to be around US$45.1.
This metric provides insights into the spending behavior of Metaverse Gaming market users and showcases the value they bring to the market.
It is important to note that these projections and figures specifically pertain to the Metaverse Gaming market and do not reflect the overall gaming industry.
These numbers offer valuable insights into the potential growth and economic impact of Metaverse Gaming market in Mexico.
The Mexican Metaverse gaming market is experiencing a surge in popularity with a growing number of gamers immersing themselves in virtual worlds.

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 Mexico has been experiencing significant growth in recent years, driven by changing customer preferences and the increasing popularity of gaming in the country. Customer preferences in Mexico have shifted towards more immersive and interactive gaming experiences, leading to the rise of the Metaverse Gaming market.

Players are increasingly looking for games that allow them to create and customize their own virtual worlds, interact with other players in real-time, and explore new and exciting environments. This desire for immersion and social interaction has fueled the demand for Metaverse Gaming in Mexico. The market has also been influenced by global trends in the gaming industry.

Worldwide, the gaming market has been growing rapidly, with the emergence of new technologies such as virtual reality (VR) and augmented reality (AR) enhancing the gaming experience. These global trends have had a significant impact on the Mexican market, as players in the country seek out the latest gaming innovations and technologies. In addition to changing customer preferences and global trends, there are also local special circumstances that have contributed to the development of the Metaverse Gaming market in Mexico.

The country has a large and growing population of young people who are avid gamers, creating a strong consumer base for Metaverse Gaming. Furthermore, Mexico has a vibrant gaming community and a strong presence in the esports industry, which has helped to drive the popularity of Metaverse Gaming in the country. Underlying macroeconomic factors have also played a role in the growth of the Metaverse Gaming market in Mexico.

The country has experienced steady economic growth in recent years, leading to an increase in disposable income and greater spending power among consumers. This has allowed more people to access and participate in the Metaverse Gaming market, driving demand for virtual goods and services. Overall, the Metaverse Gaming market in Mexico is developing rapidly due to changing customer preferences, global gaming trends, local special circumstances, and underlying macroeconomic factors.

As the market continues to grow, it is likely that we will see further innovation and expansion in the Metaverse Gaming industry in Mexico.

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.