As per Grand View Research, the global metaverse market is slated to amass USD 678.8 billion by 2030. The market might register a CAGR of 39.4% during the forecast period due to the surging demand from various industries like education, media and entertainment, defense, and aerospace. Increasing demand for blockchain, cryptocurrency, and NFTs have supplemented the use of metaverse to design their platform along with decentralized systems.