MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled UAE Metaverse Market Research Report: Forecast (2023-2028). This report provides a detailed assessment of the UAE Metaverse Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
Market Timeline Overview
- Historical Years: 2018-21
- Base Years: 2022
- Forecast year - 2023-2028
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Download a FREE PDF Sample of the Report: https://www.marknteladvisors.com/query/request-sample/uae-metaverse-market.html (Discover the market potential, platform-specific insights, and key industry trends.)
UAE Metaverse Market Outlook
According to the report, The UAE Metaverse market is projected to grow at a CAGR of around 28% during the forecast period, i.e., 2023-28. There is a vibrant gaming culture in the UAE, which has the highest number of adult gamers in the world, which contributes to the market expansion. The gaming industry has a large & growing audience who are interested in immersive, interactive experiences that allow them to connect with others & explore new virtual environments. The growth of the gaming industry in the country has led to the development of new technologies & platforms that support the metaverse ecosystem.
The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.
UAE Metaverse Market Drivers:
The UAE's vision of becoming a global hub for the metaverse community and one of the world's top metaverse economies contribute to the market's growth. Initiatives like Dubai 10X 2.0, launched at the World Government Summit 2018, provide support & funding to innovative startups & companies, enabling them to develop new solutions & services using metaverse technology. The launch of the national Artificial Intelligence (AI) program BRAIN (Building a Responsive Artificial Intelligence Nation) in late 2017, which highlighted advancements in AI & Robotics, has also significantly supported sales growth during 2018-22.
View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/uae-metaverse-market.html (Explore in-depth analyses, technological trends, and investment patterns.)
UAE Metaverse Market Trends:
The use of NFTs is a relatively new trend in the metaverse world, but they are gaining momentum as investors & developers have recognized the potentiality of monetization through them. The UAE is becoming a global hub in the field of NFTs due to a surge in their buying, selling, and creation of them. They are now increasingly used to establish ownership, monetize digital creations, and enable interoperability in the technological ecosystem.
UAE Metaverse Market Segmentation
The study categorizes the UAE Metaverse Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Component
- Hardware
- Displays
- Extended Reality (XR) Hardware
- Haptic Sensors & devices
- Omni Treadmills
- Smart Glasses
- AR/VR Devices
- Software
- Asset Creation Tool
- Programming Engines
- Others (Virtual Platforms, Avatar Development)
- Services
By Application
- Gaming
- Online Shopping
- Digital Marketing
- Events & Conference
- Others (Testing & Inspection, Social Media & Content Creation)
By Technology
- Augmented Reality (AR)
- Virtual Reality (VR)
- Mixed Reality (MR)
- Block Chain
By End User
- Banking, Financial Services, and Insurance (BFSI)
- Government
- Media & Entertainment
- Retail
- Healthcare
- Others (Education, Telecommunication, etc.)
Geographical Analysis
The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
By region
- Dubai
- Abu Dhabi & Al Ain
- Sharjah & Northern Emirates
Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/uae-metaverse-market.html Get personalized insights into company strategies and regional market dynamics.)
Leading Companies in UAE Metaverse Market Worldwide: Players, Analysis & Future Outlook
Microsoft Gulf FZ LLC, Tencent Games, Meta Platforms, Inc., NexTech AR Solutions Corp., Nvidia Corporation, Queppelin, The Sandbox, ByteDance, Zero Latency, Decentraland, etc., are some top players in the UAE Metaverse Market.
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2023 to 2028.
- Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/uae-metaverse-market.html
Frequently Asked Questions (FAQ)
1. What is the projected growth rate of the UAE Metaverse Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the UAE Metaverse Market?
4. Who are the prominent players in the UAE Metaverse Market?
5. How is the competition structured in this market?
6. How can I access the full report?
About Us
MarkNtel Advisors is a global research and consulting leader providing actionable intelligence across the ICT & electronics industry, spanning electronic equipment & services, software, and digital infrastructure. We analyze the impact of technologies like AI, IoT, and cloud computing on global business ecosystems. Through Consulting Services, we help technology providers and investors interpret emerging market data, refine digital strategies, and adapt to continuous innovation cycles in the connected economy.
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