Report: Metaverse real estate sales expected to reach $1 billion by the end of 2022

Time:2022-02-05 Source: 624 views NFT Copy share

Metaverse real estate deals hit $500 million last year, CNBC reported. Sales hit $85 million in January and are expected to surpass $1 billion by 2022.

According to Brandessence Market Research, the Metaverse real estate market is expected to grow at a compound annual growth rate of 31.2% from 2022 to 2028. If the market value reaches $1 billion this year, the Metaverse real estate market will be worth around $6.7 billion by 2028.

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