Metaverse Market Outlook:
Metaverse Market size was USD 154.6 billion in 2025 and is estimated to reach USD 7136.9 billion by the end of 2035, expanding at a CAGR of 46.7% during the forecast period, i.e., 2026-2035. In 2026, the industry size of metaverse is estimated at USD 226.8 billion.
A major indicator of a market’s growth is a well-established supply chain involving a complex network of software developers, service providers, and hardware manufacturers. The demand for virtual reality (VR) and augmented reality (AR) has led to the estimate that the market’s revenue share is expected to exceed the trillion mark by the end of 2035. Additionally, global trade has a direct impact on the market, due to VR/AR devices requiring rare earth metals and silicon. According to the analysis by the International Energy Agency (IEA), China (54%), Australia (18%), and Myanmar (9%) are the 3 producers of rare earth elements. This indicates that the production of metaverse hardware components is widely dependent on the supply chain from these economies. The key players often focus on collaboration with raw material suppliers from these markets to avoid price volatility.
|
Rare Earth Element Demand Outlook |
||||
|
Milestones (APS) |
2021 |
2023 |
2030 |
2040 |
|
Cleantech demand (kt) |
11 |
16 |
46 |
64 |
|
Other uses (kt) |
67 |
76 |
87 |
105 |
|
Total demand (kt) |
78 |
93 |
134 |
169 |
|
Secondary supply and reuse (kt) |
22 |
25 |
36 |
48 |
|
Primary supply requirements (kt) |
57 |
67 |
98 |
121 |
|
Share of top three mining countries |
81% |
85% |
81% |
81% |
|
Share of top three refining countries |
98% |
98% |
92% |
93% |
Source: IEA
Furthermore, an analysis of the two indices, PPI and CPI, highlights the future outlook and current trends of the sector. For instance, the Federal Reserve Bank of St. Louis reveals that the producer price index for computer and electronic product manufacturing stood at 106.876 in August 2025. The PPI for computer and electronic products has been registering positive growth since 2022. Further, the U.S. Bureau of Labor Statistics (BLS) disclosed that the consumer price index for computers, peripherals, and smart home assistant devices was calculated at a relative importance of 0.262 in December 2024. The digitization trend is contributing to high demand for computers and related products.
