Metaverse Workplace - Saudi Arabia
Saudi Arabia- The projected value in the Metaverse Workplace market for Saudi Arabia is expected to reach US$26.5m in 2024.
- This projection indicates a potential annual growth rate (CAGR 2024-2030) of 33.27%, culminating in a projected market volume of US$148.7m by 2030.
- It is noteworthy that United States generates the highest value in the market segment, with a projected market volume of US$1.5bn in 2024.
- Saudi Arabia is embracing the Metaverse Workplace trend, with companies adopting virtual reality technologies for remote collaboration and training.
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
