Digital Twins, Simulations, Edge & Cloud Computing, and Professional Services Drive Metaverse Market Value to US$66.7 Billion by 2030 [Yahoo! Finance]
Roblox Corporation Class A (RBLX)
Company Research
Source: Yahoo! Finance
One general definition is "a persistent virtual environment that allows access to and interoperability of multiple individual virtual realities." Global technology intelligence firm ABI Research takes a more granular definition of the metaverse, focusing on digital twins, simulations, edge and cloud computing, and professional services to define it. With this granular approach, ABI Research has valued the current metaverse at US$36 billion , forecasting the market to reach US$66.7 billion by 2030, with a CAGR of 9.7%. "Clearly defining the metaverse and its potential is essential for its adoption. Often the metaverse has been seen as a gaming and social realm, with Roblox and Epic Games taking the lead. Yet its applications reach much further into the enterprise domain. This new landscape, driven by digital twins, simulations, and computing technologies, is gaining equal relevance and attention as the 'consumer' metaverse," explains Matilda Beinat , Augmented and Virtual Reality Res
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RBLX
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- 5/9/24 - Beat
RBLX
Sec Filings
- 5/16/24 - Form 4
- 5/14/24 - Form 4
- 5/13/24 - Form 144
- RBLX's page on the SEC website