Metaverse Gaming - Russia | Statista Market Forecast

The projected value of the Metaverse Gaming market in 2024 is estimated to reach US$294.9m.
It is expected to exhibit an annual growth rate of 43.20% from 2024 to 2030, resulting in a projected market volume of US$2.5bn by 2030.
The United States dominates the market, with a projected market volume of US$7.5bn in 2024.
In terms of user base, the number of users in the Metaverse Gaming market is projected to reach 25.4m users by 2030.
The user penetration rate is expected to be 5.4% in 2024 and is anticipated to increase to 18.0% by 2030.
The average value per user (ARPU) is estimated to be US$37.7.
These projections highlight the significant growth and potential of the Metaverse Gaming market, particularly United States.
in Russia, as a country, is also expected to experience growth in this market segment.
Russia's Metaverse Gaming market is booming, with a growing number of players embracing virtual reality and immersive 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 Russia is experiencing significant growth and development, driven by customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Metaverse Gaming market in Russia are playing a crucial role in its development.

Russian gamers are increasingly seeking immersive and interactive gaming experiences, which the metaverse provides. The ability to explore virtual worlds, interact with other players, and customize their gaming experiences aligns with the preferences of Russian gamers who are looking for unique and engaging gameplay. Trends in the market further contribute to the growth of the Metaverse Gaming market in Russia.

The increasing popularity of virtual reality (VR) and augmented reality (AR) technologies has opened up new possibilities for immersive gaming experiences. Russian game developers and companies are leveraging these technologies to create captivating metaverse environments that attract a large user base. Additionally, the rise of eSports in Russia has led to the integration of metaverse gaming into competitive gaming events, further driving its adoption and popularity among gamers.

Local special circumstances in Russia also contribute to the development of the Metaverse Gaming market. The country has a strong gaming culture, with a large and passionate community of gamers. This enthusiasm for gaming creates a fertile ground for the metaverse to thrive, as Russian gamers are eager to explore new gaming experiences and technologies.

Furthermore, the government's support for the development of the digital economy and technology sector provides an enabling environment for metaverse gaming companies to innovate and grow. Underlying macroeconomic factors also play a role in the growth of the Metaverse Gaming market in Russia. The country's improving economic conditions and increasing disposable income levels have led to a rise in consumer spending on entertainment and leisure activities, including gaming.

As more Russians have access to high-speed internet and advanced gaming devices, the demand for metaverse gaming experiences is expected to continue growing. In conclusion, the Metaverse Gaming market in Russia is experiencing robust growth and development due to customer preferences for immersive gaming experiences, market trends such as the popularity of VR and AR technologies, local special circumstances including a strong gaming culture and government support, and underlying macroeconomic factors such as improving economic conditions and increasing disposable income levels. As these factors continue to shape the market, the Metaverse Gaming industry in Russia is poised for further expansion and innovation.

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.