Metaverse, Web3 market to reach $200 bn in India by 2035: Report

The Metaverse and Web3 market opportunity in India is expected to grow at an annual growth rate of nearly 40 per cent, with the potential to become a $200 billion industry by 2035, a new report said on Friday.

Metaverse is projected to become a $13 trillion opportunity globally by 2030. It is estimated that about 8 per cent of the $160 trillion global GDP by 2030 will come from Web3 and Metaverse, according to the international management consulting firm Arthur D. Little.