Globally, the metaverse in education market was valued at $4.39 billion in 2021. By 2028, it is projected to grow by around 40% and reach $32.39 billion.

There has been a buzz among science fiction fans about the word "metaverse" for the past few years. The whole world now discusses its uses, functionalities, etc. In essence, the metaverse is a collection of immersive, three-dimensional (3D) virtual worlds where people can interact. Artificial intelligence, spatial computing, augmented reality, virtual reality, and XR are among the technologies that connect the metaverse. Many entrepreneurs are turning their projects into metaverse technology with the help of Metaverse development companies due to the growing demand for the metaverse around the world.