Throughout 2022, the metaverse became one of the biggest buzzwords to dominate the telecoms industry. And this trend is showing no signs of slowing. If anything, 2023 is set to be the year of major investments into the metaverse, from the world’s leading telcos.
Investment in the metaverse is growing at a rapid pace.
For instance, if we take a look at the growth trend that has already been established, we can see that, according to a report from CB Insights, venture capital investment in metaverse startups reached $2.5bn in the first three quarters of 2020.
Then, in 2021, estimates revealed that the figure of investments into VR and AR startups had exceeded the $4bn mark.
Greenlight Insights predicts that the global metaverse market will reach $1.35bn by 2025, and $3 billion by 2030. But this is widely believed to be a conservative estimate, with some in the industry predicting that the metaverse market could reach as much as $40bn by 2030.
So, as the world eagerly anticipates the future of metaverse experiences, we explore the top 10 companies leading investments into the sphere.
10 Epic Games
As the creator of the immensely popular game Fortnite, it is hardly surprising that Epic Games would want its success in immersive technologies to continue.
Epic Games - a company which is also renowned for being the creator of the popular game engine Unreal Engine - is investing heavily into new metaverse gaming projects, and the advancement of Fortnite, to match new metaverse capabilities.
9 Roblox
Another entry for the metaverse gaming giants, Roblox is a global online gaming platform, which also pioneers the development of metaverse gaming experiences.
Through Roblox, users can create and share their own games and experiences, programming games themselves, and playing games that have been developed by other users.
