Metaverse Workplace - India
India- The projected value of the Metaverse Workplace market in India is expected to reach US$155.4m by 2024.
- It is anticipated that the market will experience a compound annual growth rate (CAGR 2024-2030) of 32.69%, leading to a projected market volume of US$848.5m by 2030.
- In 2024, the market volume is estimated to be US$1.5bn, with the majority of the value being generated United States.
- India is experiencing a surge in virtual office spaces, with companies adopting Metaverse workplace solutions to enhance remote collaboration and productivity.
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
