TAM
TOTAL ADDRESSABLE MARKET (TAM)
With a projected CAGR of 9.17% between 2020 and 2025, Mordor Intelligence expects the global video games market to exceed $256 billion by 2025, with projected revenue of $1,274.4 billion in 2030.
Value of the Global Games Market 2012 to 2030
$52.8 Billion
$81.5 Billion
$138.4 Billion
$256.97 Billion
$1274.4 Billion
The Virtual Reality (VR) TAM is expected to grow from $17.25 billion in 2021 and reach $184.66 billion by 2026 with a CAGR of 48.7% over the forecast period 2021-2026.
The recent global pandemic has expedited the growth of both the gaming and VR market. The ongoing lockdown measures with many traditional entertainment venues inaccessible, with ‘door-closed’ policies at cinemas and theatres, home entertainment has been the only option for gamers, with recent surveys indicating that video gamers in the United States spent over 45% more time playing video games during quarantine than prior.
Globe Newswire predicts the global augmented reality (AR) and virtual reality (VR) market to grow by over 500% in 2021, with the global market projected to grow from $12 billion in 2020 to $72.8 billion in 2021.
Value Of Augmented (AR) & Virtual Reality (VR) Global Market 2020-2021
$52.8 Billion
$81.5 Billion
MetaGold will offer an Unrivaled realistic virtual reality environment that will extend beyond attracting current gamers and VR enthusiasts, but extend to entrepreneurs realtors, businesses, concert agencies, event organizers, health care, advertising and promotion agencies, artists, coaches, educators and educational institutions, the opportunity for demand is endless.
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