Key drivers of the metaverse market

Emmanuelle Rivet, Vice Chair, and US TMT & Global Technology Leader, at PricewaterhouseCoopers (PwC), has over 26 years of experience advising public and private tech companies on complex transactions from M&A and equity or debt offerings to system implementation and operations transformation for scale and compliance. Emmanuelle is focused on helping diverse teams deliver tailored solutions, and places unique client needs first. Emmanuelle chats with us about the metaverse, what trends are emerging, the predicted growth in global spending on VR, how the metaverse will change business and consumer interactions, key drivers for the market, and tons more. Rivet: A surprising discovery from the data is that despite serious economic headwinds and after suffering a sharp decline in 2020 (-18.8%), the U.S. B2B segment of the market grew 7.9% in 2021 and is expected to grow by 13.7% in 2022. Revenue forecasts have the market on track to exceed pre-pandemic levels by 2023.