Top 12 Metaverse Development Companies

Posted by Sphinx Solution on July 6th, 2023

Metaverse is a buzzing term, and it has gained more prominence with the tech giants like Google, Microsoft, and Meta investing in it. From social networking to online gaming, metaverse development services are playing a significant role in transforming the modern technology landscape. It promises the next level of interaction between the physical & virtual worlds, offering massive opportunities with innovative business models.

According to a report by Bloomberg, the global metaverse revenue opportunity can reach up to 0 billion in 2024. As enterprises and businesses are realizing the importance of the metaverse, they have started investing in it.  According to Gartner, 30% of organizations would adapt products or services to get ready for the Metaverse by 2026. 

From this information, you can infer how important metaverse development is going to get in the future. In this blog, we will give you in-depth information on the top 12 metaverse development companies in 2023.

1. Sphinx Solution

Rating: 4.5 

Location: US, India

Founded: 2010 

Sphinx Solutions is a leading and trusted metaverse development company India. With more than 12+ years of experience in the software development industry, they are known for providing the best technological solutions.

They offer end-to-end metaverse development services, from metaverse application development to metaverse integration services, metaverse gaming space to the creation of 3D avatars, and metaverse rental spaces.

They are backed by a team of experts and developers that have profound knowledge of the latest metaverse tools and technologies. 

Client base: Disney, Nissan, Infiniti, Conformis, Bevenue Medical 

2. Tech Mahindra

Rating: 5

Location: India, US, Australia, New Zealand 

Founded: 1945

Tech Mahindra, with more than a decade of experience in the industry, aims to enhance the customer experience along with delivering business results. They are known for offering the world-class technology solutions such as Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), and metaverse development solutions

There are various use cases of metaverse that Tech Mahindra facilitates, such as DealerVerse, Meta Bank, Middlemist-NFT marketplace, and gaming center.  

They have a team of diligent experts and developers that can build the best metaverse solutions for your business according to your needs. 

Client base: Microsoft, Google, Apple, At&T, and Govt. of India.

3. Accenture


Location: US, India, Ireland

Founded: 1989

Accenture is a metaverse development company founded in 1989. They are known for providing the best end-to-end metaverse development solutions, from strategizing to designing, executing, and implementing. 

They have a team of more than 800 highly qualified and skilled metaverse developers. They offer a wide range of metaverse services under the Metaverse Continuum. 

Client base: Mars, Petrofac, H&M, Kellogg’s, and Disney. 

4. TCS


Location: India, US

Founded: 1968 

Tata Consultancy Services is among the top companies working on metaverse. They recently launched a metaverse platform called Avapresence (combining the words ‘avatar’ and ‘presence’).  It utilizes different technologies such as cloud, AI, IoT, XR, and blockchain technologies to deliver the best results. 

They have a team of experts and experienced professionals working precisely on metaverse development. They are putting forth efforts in creating digital workplaces, virtual tours, online events, online shopping, and education experiences. 

Client base: Infineon Technologies AG, ABB Ltd., Deutsche Bank AG, and American Express.

5. Capgemini

Rating: 4.5 

Location: France, US 

Founded: 1967 

Capgemini is one of the top metaverse development companies and offers a multitude of metaverse services to deliver the best digital customer experiences. They have developed their metaverse lab to focus on and execute their clients’ metaverse ideas and strategies.   

Their team of developers has interconnected enabling technologies such as real-time 3D, AI, ML, IoT, and decentralized blockchain technologies for metaverse development. They also leverage the cybersecurity layer to implement hack-free solutions and ensure security. 

Client base: Airbus, Tommy Hilfiger Brazil, Panasonic automotive, and Loreal.

6. Infosys

Rating: Not specified 

Location: India, US 

Founded: 1981 

Infosys is one of the biggest metaverse companies based in India. Infosys has launched the metaverse foundry platform. This platform can help people navigate through the convergence of technologies such as 5G, XR, AI, IoT, and DLT. 

Businesses can utilize its on-demand ability to build their own metaverse environment to adapt to new technologies and marketing trends. Their metaverse offerings include XR and Blockchain consulting, 5G, digital twin, and metaverse services. 

Client base: Bloomberg, Dow Jones, The Economist Group, Madison Square Garden, and HSBC bank. 

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7. Accubits Technologies Inc

Rating: 4.5 

Location: US, Australia, UAE, Canada, Norway, and Switzerland 

Founded: 2012 

Accubits Technologies is listed among the best metaverse companies in the US. They are renowned for providing top-class metaverse app development services. They offer end-to-end metaverse services, from technology consultation to development services for different use cases. 

They have expertise in building advanced metaverse applications by utilizing Virtual Reality technology along with space modeling, NFT and blockchain development. They also provide metaverse MVP development to ensure that you get an understanding of your idea with minimum investment.

Client base: Nasa, Nissan, United States Postal Service, Homeland Security, and Smart Dubai.

8. Aetsoft

Rating: Not Specified 

Location: US 

Founded: 2014 

Aetsoft is a trusted metaverse development company established in 2014. They offer a range of metaverse development services, such as metaverse NFT development, NFT marketplaces, metaverse game development, digital assets, avatars, and decentralized platforms. 

They cater to different industrial sectors such as fashion, eCommerce, events, retail, travel, and more. Their team is proficient in building metaverse solutions as per the client’s requirements using their specified blockchain protocol.

9. iTechArt

Rating: 4.9

Location: US 

Founded: 2002

iTechArt is among the best companies in metaverse, with 15+ years of experience in delivering technological solutions to businesses. This company has expertise in blockchain and AR/VR development.

They offer an array of metaverse services such as custom AR development, advanced VR software, 360- degree video, and 3D rendering. Their team of developers leverages the latest tools and technologies to deliver the best metaverse projects within the time frame. 

Client base: ClassPass, Thirty Madison, DealCloud, ZEFR, Merkle

10. Wipro

Rating: Not specified 

Location: India, US 

Founded: 1945 

Wipro is a metaverse development company that has been assisting its clients in developing and designing metaverse platforms that provide value to their business. 

They offer a wide range of metaverse development services for different sectors to aid them in fulfilling their objectives. 

They have a team of experts and highly qualified developers who work diligently to provide metaverse solutions to businesses as per their needs. 

Client base: Adobe, DataStax, Cisco, Amazon Web Services, and Microsoft.

11. Dev Technosys

Rating: 4.8

Location: US, UK, India, UAE, New Zealand, Canada

Founded: 2010

Dev Technolsys is a well-known metaverse company based in the US. They have successfully delivered result-driven metaverse solutions to their clients. 

Their team of developers is proficient in building metaverse platforms that can aid your customers in staying connected with AR, VR, and 3D technologies.

Their metaverse development services include metaverse game development, NFT development, metaverse platform development and integration services, and metaverse store development.  

This company has successfully delivered 1500+ projects and helped businesses improve customer experience. 

Client base: Disney, Nike, Whirlpool, J & J Hertz, and McKesson.

12. Flexsin

Rating: 4.3 

Location: US, India, UAE 

Founded: 2008

Flexsin is one of the top companies in the metaverse and was established in the year 2008. They help enterprises in metaverse development journeys by offering a wide range of services such as metaverse applications & NFT marketplaces, metaverse games, simulation & digital twins, decentralized platforms, and digital economics. 

Their team of developers utilizes the latest technologies for metaverse projects, such as Cardano, Solidity, Binance, Unreal Engine, and MongoDB. 

They have 12 years of experience and expertise in providing digital solutions to businesses for accelerating growth. 

Client base: Johnson & Johnson, Cayman Airways, DAIKIN, ADNOC, and OCC Switzerland.

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Metaverse Development Cost

The metaverse development cost depends on various factors, such as the complexity of the project, the features incorporated, the platform used, and the cost of developers. On average metaverse development costs can range from ,000 to 0,000. 

Sphinx Solutions is a leading and trusted metaverse development company. They offer  end-to-end metaverse development services, from consulting & strategy to metaverse implementation. 

Schedule a call with our experts to get an estimation for your metaverse development project, or email us at

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Sphinx Solution
Joined: June 20th, 2022
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