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Canada Metaverse Market Size & Outlook, 2026-2033

The metaverse market in Canada is expected to reach a projected revenue of US$ 381,099.4 million by 2033. A compound annual growth rate of 54.1% is expected of Canada metaverse market from 2026 to 2033.

  • Enterprise Technology & Automation
    • Industrial Automation & Frontier Technologies
      • Metaverse Market Outlook
Revenue, 2025 (US$M)
$13,431.4
Estimate, 2026 (US$M)
$18,469.7
Forecast, 2033 (US$M)
$381,099.4
CAGR, 2026 - 2033
54.1%
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Canada metaverse market highlights

  • The Canada metaverse market generated a revenue of USD 13,431.4 million in 2025 and is expected to reach USD 381,099.4 million by 2033.
  • The Canada market is expected to grow at a CAGR of 54.1% from 2026 to 2033.
  • In terms of segment, gaming was the largest revenue generating application in 2025.
  • Digital Marketing (Advertising) is the most lucrative application segment registering the fastest growth during the forecast period.

Metaverse market data book summary

Market revenue in 2025USD 13,431.4 million
Market revenue in 2033USD 381,099.4 million
Growth rate54.1% (CAGR from 2026 to 2033)
Largest segmentGaming
Fastest growing segmentDigital Marketing (Advertising)
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationGaming, Content Creation & Social Media, Events & Conference, Digital Marketing (Advertising), Testing and Inspection, Online Shopping
Key market players worldwideMeta Platforms Inc Class A, Tencent Holdings Ltd, NetEase Inc ADR, NVIDIA Corp, Epic Corp, Roblox Corp Ordinary Shares - Class A, Nextech3d AI Corp Ordinary Shares - New Shares, Grayscale Decentraland Trust (MANA), Microsoft Corp, Antier Solutions Pvt Ltd, ByteDance, Unity Technologies, Lilith Games, The Sandbox, Active Theory

Other key industry trends

  • In terms of revenue, Canada accounted for 9.7% of the metaverse market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In North America, U.S. metaverse market is projected to lead the regional market in terms of revenue in 2033.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 381,099.4 million by 2033.

To accelerate the metaverse development in Canada, initiatives and collaborations are being established between businesses, academic institutions, and government agencies. For Instance, the Canadian Digital Media Network (CDMN) has launched a Metaverse Alliance to explore the potential of the metaverse for Canadian businesses and entrepreneurs. 

The government of Canada has also established initiatives to explore the potential applications of the metaverse, such as the Digital Industries Economic Strategy Table. Fidelity Total Metaverse Index ETF (FTMI) and Fidelity Total Metaverse Index ETF Fund were introduced by a Canadian financial company, Fidelity Investments Canada ULC. 

Through the Fidelity Total Metaverse Index ETF and ETF Fund, financial advisers and investors will have access to companies that are anticipated to be key developers of the experiences, capabilities, and economy of the metaverse. 

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Publish Date: Jun 22, 2026

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Metaverse Market Companies

NameProfile# EmployeesHQWebsite
Epic CorpView profile 2PO Box 11147, Newport Beach, CA, United States, 92658-
Microsoft CorpView profile 221,000One Microsoft Way, Redmond, WA, United States, 98052-6399www.microsoft.com
NVIDIA CorpView profile 29,6002788 San Tomas Expressway, Santa Clara, CA, United States, 95051www.nvidia.com
Tencent Holdings LtdView profile 104,787No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, China, People's Republic of, 518054www.tencent.com
Meta Platforms Inc Class AView profile 69,3291 Meta Way, Menlo Park, CA, United States, 94025about.meta.com
Roblox Corp Ordinary Shares - Class AView profile 2,457970 Park Place, San Mateo, CA, United States, 94403www.corp.roblox.com
Grayscale Decentraland Trust (MANA)View profile ---
Antier Solutions Pvt LtdView profile 501-1000Nottingham, Nottingham, United Kingdom, Europeantiersolutions.com/
The SandboxView profile 101-250San Francisco, California, United States, North Americawww.sandbox.game
NetEase Inc ADRView profile 29,128No. 599 Wangshang Road, NetEase Building, Binjiang District, Hangzhou, China, People's Republic of, 310052ir.netease.com

Canada Metaverse Market Outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Metaverse Market Outlook will help companies and investors design strategic landscapes.


Gaming was the largest segment with a revenue share of 35.66% in 2025.

Horizon Databook has segmented the Canada metaverse market based on gaming, content creation & social media, events & conference, digital marketing (advertising), testing and inspection, online shopping covering the revenue growth of each sub-segment from 2021 to 2033.




To accelerate the metaverse development in Canada, initiatives and collaborations are being established between businesses, academic institutions, and government agencies. For Instance, the Canadian Digital Media Network (CDMN) has launched a Metaverse Alliance to explore the potential of the metaverse for Canadian businesses and entrepreneurs. 

The government of Canada has also established initiatives to explore the potential applications of the metaverse, such as the Digital Industries Economic Strategy Table. Fidelity Total Metaverse Index ETF (FTMI) and Fidelity Total Metaverse Index ETF Fund were introduced by a Canadian financial company, Fidelity Investments Canada ULC. 

Through the Fidelity Total Metaverse Index ETF and ETF Fund, financial advisers and investors will have access to companies that are anticipated to be key developers of the experiences, capabilities, and economy of the metaverse. 

  • Canada Metaverse Market Application Outlook (Revenue, USD Million , 2021-2033)
    • Gaming
    • Content Creation & Social Media
    • Events & Conference
    • Digital Marketing (Advertising)
    • Testing and Inspection
    • Others
    • Online Shopping
  • Canada Metaverse Market End Use Outlook (Revenue, USD Million , 2021-2033)
    • Automotive
    • Education
    • Healthcare
    • BFSI
    • Media & Entertainment
    • Others
    • Aerospace & Defense
    • Tourism & Hospitality
    • Retail
  • Canada Metaverse Market Technology Outlook (Revenue, USD Million , 2021-2033)
    • Blockchain
    • Others
    • Virtual Reality (VR) & Augmented Reality (AR)
    • Mixed Reality (MR)
  • Canada Metaverse Market Product Outlook (Revenue, USD Million , 2021-2033)
    • Infrastructure
    • Software
    • Hardware
    • Services
  • Canada Metaverse Market Platform Outlook (Revenue, USD Million , 2021-2033)
    • Desktop
    • Headsets
    • Mobile

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Metaverse Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Metaverse Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.

Canada Metaverse Market, 2021-2033 (US$M)

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Canada metaverse market statistics, by application, 2021-2033 (US$M)

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Canada metaverse market statistics, by application, 2021-2033 (USD Million)

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