Market Size
Last updated
Last updated
The COMEARTH Team believes in an open and interoperable future of the Metaverse. This global Metaverse ecosystem will birth a new market and has the potential to enable massive employment and value generation for everyone on Earth.
COMEARTH sits at the intersection of 2 burgeoning markets - The global E-Commerce and Metaverse Ecosystems.
The E-Commerce industry is expected to expand at a CAGR of 22.9% between the years 2020-2027 to size over $16.2 Trillion. COMEARTH aims to become the go-to destination for E-Commerce in the future, partnering with Polygon and global logistics providers to enable secure transactions with fast deliveries.
The key drivers for E-Commerce are:
Increasing social commerce
Omni-channel business models
Advancements in various payment modes
COMEARTH is best placed to deliver significant enhancements on these fronts and the COMEARTH team aims to utilize the best of Web2.0 E-Commerce with the transparency, security, and decentralization of Web3.0 to capture a sizeable chunk of the global E-Commerce Market.
The Metaverse has the potential to be a $13 Trillion ecosystem within a decade. This enormous value generation shall be a result of open Metaverses that include virtual worlds as well as augmentations within the physical one.
The complete market cap of the main Web 3.0 Metaverse crypto networks sits at ~$27.5 billion. This fails to measure up to the ~$900 billion market cap of Facebook, the ~$2 trillion market cap of the gaming area, and the $14.8 trillion market cap of Web 2.0 organizations that could move to the Metaverse or risk being upended.
