Metaverse Workplace - Eastern Asia
Eastern Asia- The projected value in the Metaverse Workplace market in 2024 is estimated to be US$1.1bn.
- It is expected to experience an annual growth rate (CAGR 2024-2030) of 31.23%, which would lead to a projected market volume of US$5.4bn by 2030.
- The United States is the main contributor to this market, generating a projected market volume of US$1.5bn in 2024.
- in Eastern Asia, which includes countries like China, Japan, and South_Korea, is a significant player in this market segment.
- In Eastern Asia, the Metaverse workplace market is rapidly expanding, with virtual offices and collaboration platforms becoming increasingly popular among businesses in the region.
Definition:
The Workplace market refers to the use of virtual and augmented reality technology in the workplace. Doing so improves productivity and collaboration among employees and reduces costs associated with physical office space. Examples of this technology vary widely and include virtual meetings, virtual training, virtual team building, and virtual co-working spaces.Additional Notes:
The market comprises market sizes that are generated through consumer spending and/or software spending. For more information on the data displayed, use the info button right next to the boxes.In-Scope
- Virtual workspaces in the metaverse, such as VR Meeting Rooms
- Virtual well-being spaces, such as Meta Horizon Workrooms
Out-Of-Scope
- Virtual meetings, such as in Zoom or Microsoft Teams
- Physical objects and environments, such as furniture and office spaces
- In-person interactions, such as in-person meetings
