Metaverse Financial Market to grow 20.59% YoY from 2022 to 2023: Integration with VR and AR platforms will drive growth

NEW YORK, December 6, 2022 /PRNewswire/ — Metaverse Market in Finance Insights –

Technavio has announced its latest market research report titled Global Metaverse Market in Finance 2023-2027

Technavio has announced its latest market research report titled Global Metaverse Market in Finance 2023-2027

  • Offerer: 15+, including Bank of America Corp., BNP Paribas SA, HSBC Holdings Plc, IBK Industrial Bank of Korea, JPMorgan Chase & Co., KB Financial Group Inc., Mogo Inc., National Bank of Kuwait SAKP, NH Investment & Securities Co.Ltd. and Shinhan Financial Group Co. Ltd., among others

  • Cover: master market analysis; Main drivers, main trends and challenges; customer and supplier landscape; Insights into vendor products and current developments; major providers; and market positioning of providers

  • Segments: Component, End User and Geography

Request a sample report to learn more about the Metaverse Market in Finance

In 2017, the Metaverse Market was rated for finance $25.58 billion. From a regional perspective APAC held the largest market share, rated at $6.09 billion. That Size of the Metaverse market in finance is estimated to grow $107.06 billion from 2022 to 2027 at a CAGR of 21.33% according to Technavio.

Metaverse Market in Finance customer landscape

To help companies evaluate and develop growth strategies, the report outlines:

  • Important purchase criteria

  • adoption rates

  • adoption life cycle

  • Drivers of price sensitivity

  • For customer landscape analysis highlights, Download a sample report!

Metaverse Market in Finance Vendor Insights

The global metaverse financial market is concentrated. The market is exposed to the rapidly changing demands and preferences of consumers. Provider’s performance may be affected by global and regional economic conditions and various other demographic trends. Vendors compete based on multiple factors such as quality, price, service, brand image, distribution and marketing. Most vendors renew their existing products or introduce new product lines to maintain market competition. Some vendors focus on acquiring smaller brands to increase their market presence. A large number of Pureplay technologies or other players are expected to enter the market which will intensify the competition over the forecast period. Technavio report analyzes the market competitive landscape and provides information about several market vendors including –

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  • Bank of America Corp. – Company offers Metaverse in finance through VR training programs.

  • BNP Paribas SA – The company offers Metaverse in finance via WIRED (Wearable Immersive Real Estate Dataroom).

  • HSBC Holdings Plc – The company provides financial metaverse using augmented reality, virtual reality and extended reality.

Metaverse Market in Finance – Market Dynamics

Important Drivers:

  • Integration with VR and AR platforms

  • The emergence of artificial intelligence (AI)

  • Increasing popularity and acceptance of cryptocurrencies

Key challenge:

  • Privacy and security concerns about Metaverse

  • Lack of qualified employees

  • System configuration problems

Drivers and challenges are affecting market dynamics which may impact businesses. Find more insights in a sample report!

The Metaverse Market in Finance report offers key information and factual data with a qualitative and quantitative study of the market based on market drivers and restraints and future prospects.

Why buy?

  • Add credibility to strategies

  • Analyze the offers of the competition

  • Get a holistic view of the market

Increase your profit margins with Technavio – Buy the report

What are the Key Data Covered in This Metaverse Finance Market Report?

  • CAGR of the market over the forecast period 2023-2027

  • Detailed information on factors that will propel Metaverse Financial Market growth over the next five years

  • Accurately estimates the size of the Metaverse financial market and its contribution to the parent market

  • Accurate predictions of upcoming trends and changes in consumer behavior

  • The growth of the metaverse in finance North America, EuropeAPAC, South Americaand the middle East and Africa

  • A thorough analysis of the competitive landscape of the market and detailed information about vendors

  • Full details of factors that will challenge the growth of the Metaverse for Financial Providers market

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Related reports:

  • According to Technavio analyst, the Metaverse market size in the travel and tourism industry expected to be estimated $188.24 billion in 2026 at a progressive CAGR of 26.01%. In particular, the increasing demand for AR and VR technology is driving the growth of the Metaverse market in the travel and tourism industry, although factors such as privacy and security concerns regarding the Metaverse may hamper the market growth.

  • That Metaverse in the e-commerce market is estimated at a CAGR of 39.65% between 2022 and 2027. The size of the market is expected to increase by $85,885.22 million. The growing popularity of AR technology is particularly driving the market growth, although factors such as privacy and security concerns related to the metaverse may hamper the market growth.

Metaverse in the scope of the financial market

report coverage


page number


base year


historical period


forecast period


Growth Dynamics & CAGR

Accelerate with a CAGR of 21.33%

Market growth 2023-2027

$107.06 billion

market structure


YoY growth 2022-2023 (%)


Regional Analysis

North America, Europe, APAC, South America and Middle East & Africa

make a market contribution

APAC at 32%

key countries

USA, Canada, China, Germany and Great Britain

competitive landscape

Leading Vendors, Vendor Market Positioning, Competitive Strategies, and Industry Risks

Important companies in profile

Bank of America Corp., BNP Paribas SA, HSBC Holdings Plc, IBK Industrial Bank of Korea, JPMorgan Chase and Co., KB Financial Group Inc., Mogo Inc., National Bank of Kuwait SAKP, NH Investment and Securities Co. Ltd. , and Shinhan Financial Group Co.Ltd.

market dynamics

Root market analysis, market growth triggers and barriers, fast growing and slow growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics and market condition analysis for the forecast period.

customization area

If our report does not contain the data you are looking for, you can contact our analysts and have segments adjusted.

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Table of Contents:

1. Summary

2 market landscape

3 market size

4 Historical market size

5 Five Forces Analysis

6 Market Segmentation by Components

7 Market Segmentation by End User

8 customer landscape

9 Geographical Landscape

10 drivers, challenges and trends

11 provider landscape

12 Vendor Analysis

13 Appendix

  • Demand for Infrastructure-as-a-Service (IaaS): The ongoing migration from on-premises infrastructure to cloud-based services is impacting original equipment manufacturers (OEMs) sales of servers, albeit negatively on them somewhat milder than that Effect on storage facilities. The advent of IaaS has had a major impact on the IT hardware market. The biggest benefit of IaaS is that it allows organizations to scale operations or innovate in workflow without making significant investments in storage and servers for the traditional on-premises hardware environment. At the same time, cloud-focused infrastructure spending in terms of servers, disk storage, and networking hardware is expected to increase.

about us

Technavio is a leading global technology research and consulting firm. Her research and analysis focuses on trends in emerging markets and provides actionable insights that help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies and spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive reporting, extensive research and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive position in changing market scenarios.


Technavio Research
Jess Maida
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UK: +44 203 893 3200
Email: [email protected]

Global Metaverse Financial Market 2023-2027

Global Metaverse Financial Market 2023-2027



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