E-commerce will Account for 40% of the $490B that the Metaverse Market will Generate by 2030
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According to BanklessTimes.com, the metaverse market is predicted to reach a staggering $490 billion by 2030. E-commerce will account for 40% of the total.
Jonathan Merry, the CEO of BanklessTimes, commented on the report:
When you think about the Metaverse, it’s a fascinating prospect. By 2030, businesses will have a massive platform to scale their products and services in this virtual world. With e-commerce as one of its main features, the potential for growth and success is unlimited.BanklessTimes CEO, Jonathan Merry
The metaverse market offers an immersive shopping experience, unlike traditional online shopping. Users can browse virtual stores, interact with products, and buy items using virtual currency. With the increasing demand for virtual reality, more online retailers are boarding to bridge the growing market.
In the metaverse, businesses can create unique virtual stores with personalized offerings allowing interactions with customers on a more personal level. Brands can also create virtual events, interactively launch new products, and offer customers a unique shopping experience. The full story and statistics can be found here: E-commerce will Account for 40% of the $490B that the Metaverse Market will Generate by 2030
