Ad spending in Metaverse to hit $1.98b; 264% rise in next 5 years

According to a recent BanklessTimes.com data presentation, American businesses are set to increase their Metaverse Ad budgets from $0.53B to $1.93B between 2023 and 2028. That represents a 264% jump in advertising spending in the virtual world.

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BanklessTimes CEO Jonathan Merry agrees that as the Metaverse continues to evolve, the trajectory of ad spending is set to skyrocket. He argues that the sector’s projected growth underscores its immense potential for American businesses.

Merry insists: :With innovative marketing techniques, precise audience targeting, and personalized experiences, American companies are well-positioned to harness the power of the Metaverse to boost sales, foster deeper consumer engagement, and pave the way for a new era of advertising.”

The full story and statistics can be found here: Ad Spending in the Metaverse Will Grow by 264% In the Next 5 Years to $1.98 Billion

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