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The global business metaverse market size was significantly robust in 2020 and is expected to register a rapid revenue CAGR over the forecast period. Key factors driving market revenue growth are rapid adoption of metaverse platforms by companies to enhance marketing and customer experience, increasing number of businesses focusing on creating immersive virtual 3D spaces for consumers, and rising investment in Non-Fungible Tokens (NFTs) to purchase or sell assets in the metaverse.

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