B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
$85,000
$85,000 -- average development cost for metaverse solutions (industry average) (2023)
Current metaverse solutions cost companies an average of US$85,000 in development costs.
- Claimed by vendor executive based on internal market research
Attribution:
View source
Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
$85,000
Unit
Currency Usd
Data Vintage
2023
Entity
Geography
APAC
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
60
Independence
30
Methodology
45
Freshness
95
Source
Virtualtech Frontier (VTF)
Primary
Tier B
https://www.blockhead.co/2023/03/16/malaysias-vtf-launches-first-no-code-metaverse-product-in-apac/ ↗
Source Article
Malaysia's VTF Launches First No-Code Metaverse Product in APAC
Table of Contents
Malaysia's leading metaverse and virtual spaces development company Virtualtech Frontier (VTF) launched, Mitoworld, the first no-code metaverse building SaaS platform in APAC.
According to its press release, the new platform will enable businesses to "create their own custom metave…
Original Research
Virtualtech Frontier (VTF)
· Original study ↗
Methodology
Stated by VTF CPO based on company market research; single-vendor claim
Methodology documented
Segmentation
IndustryMetaverse
RegionAPAC
Cite this stat
Plain Text
metaverse solutions (industry average): $85,000 average development cost. Source: Virtualtech Frontier (VTF) (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/metaverse-development-cost-average
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<blockquote cite="https://lighthousedata.io/data/metaverse-development-cost-average" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>$85,000</strong> -- average development cost for metaverse solutions (industry average)<br><small>Source: Virtualtech Frontier (VTF) (2023) · <a href="https://lighthousedata.io/data/metaverse-development-cost-average" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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