Metaverse in Media Thematic Intelligence Report 2023:

Dublin, Oct. 04, 2023 (GLOBE NEWSWIRE) — The “Metaverse in Media – Thematic Intelligence” report has been added to ResearchAndMarkets.com’s offering.

Key companies in the media sector investing in the metaverse are mainly concentrating their efforts on creating virtual worlds and organizing immersive experiences within them.

These virtual worlds also allow competitions through games, with blockchain and cryptocurrencies creating play-to-earn markets for competitive gamers. Music giants such as Spotify are even using these virtual worlds to monetize virtual concerts.

The metaverse will be able to offer something completely different and unique to its users, thereby transforming the media sector in the next few years. This has created a lot of hype and interest in this theme. The publisher forecasts the whole metaverse market will be worth $627 billion by 2030, growing at a compound annual growth rate (CAGR) of 33.8% between 2020 and 2030.

Metaverse adoption has stalled in 2023 with many of the largest companies halting all metaverse investment (e.g., Disney eliminated its metaverse department, and Microsoft discontinued its industrial metaverse plans).

The immaturity of the enabling technologies is central to the metaverse’s problems, while a lack of clear use cases and a growing concern about data privacy and personal safety have deflated the hype around the technology.

Reasons to Buy

Understand the impact of the metaverse theme for the media sectorAccess the latest data on the metaverse theme in the media sectorIdentify the leading digital transformation efforts from media companies through investment into the metaverse themeAccess case study insights on leading players within the metaverse theme

Key Topics Covered:

Executive SummaryThe Metaverse Value ChainFoundation layerTools layerUser interface layerExperience layerMedia ChallengesThe Impact of the Metaverse on MediaCase StudiesData AnalysisMarket size and growth forecastsMergers and acquisitionsMetaverse timelineCompaniesLeading metaverse adopters in mediaLeading metaverse vendorsSpecialist metaverse vendors in mediaSector ScorecardMusic, film, and TV sector scorecardGlossaryFurther ReadingOur Thematic Research MethodologyAbout the PublisherContact the Publisher

A selection of companies mentioned in this report includes

AmazonNetflixAppleAMC EntertainmentCineworldMediasetWalt DisneyAlibaba PicturesAlphabetTencent MusiciQiyiBilibiliMetaComcastByteDanceSonySpotifyRakutenNENTWarner MusicITVVantivaUniversal MusicProSiebenSat. 1Paramount GlobalLionsgateRTLTwitterSnapLive NationNexstarSun TV NetworkNippon TVTegnaTF1AMC NetworksAtresmediaVRJAMBattle InfinityDectralandThe WaveAlibabaEpic GamesMirosoftNaverNianticNvidiaRobloxUnity Technologies

For more information about this report visit https://www.researchandmarkets.com/r/5k9tml

Source: GlobalData

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