The global metaverse market was valued in 2020 at USD 21.91 billion at a whopping 41.7% CAGR by 2030, states the latest Market Research Future report.
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Metaverse Market overview
Metaverse Market is growing at 45.2% CAGR to reach USD 105,597.5 million by 2030, Global Metaverse Market analysis by Component, Technology, Application, End Users | Metaverse industry
Despite the metaverse concept having its existence over a decade now, this gained worldwide recognition with top companies like Microsoft and Facebook announcing their respective Metaverse projects. This concept gripped even more popularity at the time of the pandemic with lockdown restrictions and remote working policies across the globe compelling the majority to use the virtual world for entertainment and business purposes alike.
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Smart factoryThe inclusion of robots to reduce the strain of manual labor on humans is expected to incentivize the growth of the smart factorysmart factory in 2020. The semiconductor and electronics industry reports are produced by Market Research Future, which highlights market options for expansion. An 11.7% CAGR is predicted to provide the impetus for market growth in the forecast period.
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Smart Factory Market Smart Factory Market Analysis
Smart Factory Market to Expand at 11.7% CAGR During the review years, Smart Factory Market Report by Component, Connectivity, Industry Vertical and Region | Smart Factory Industry
Smart Factory Market Smart Factory Market
Smart Factory Market to Expand at 11.7% CAGR During the review years, Smart Factory Market Report by Component, Connectivity, Industry Vertical and Region | Smart Factory Industry
Market Highlights
The inclusion of robots to reduce the strain of manual labor on humans is expected to incentivize the growth of the smart factory in 2020. The semiconductor and electronics industry reports are produced by Market Research Future, which highlights market options for expansion. An 11.7% CAGR is predicted to provide the impetus for market growth in the forecast period.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/2317
Smart factory
A smart factory is a digitized manufacturing facility that uses connected devices, machinery, and production systems for continuous data collection and sharing.