30/03/2022
Alibaba has led a $60 million investment round into augmented-reality glasses maker Nreal, a sign the Chinese technology giant is delving deeper into the metaverse. AR technology, like the Light and Air glasses Nreal develops, is key to enabling people to get immersed in the virtual worlds that make up the metaverse.
The metaverse market is expected to grow over 20% this year, before exploding more than 1,300% by 2030, according to Statista research. In 2022, its estimated size will be $47.48 billion, and $678.8 billion within eight years, the research house said.
