Deloitte estimates that the metaverse will increase Asia’s GDP to 1.4 trillion. We estimate that the dollar may increase. Noting that the Metaverse market could reach $13 trillion by 2030, the global financial services firm said: The early Metaverse platform is already in use by millions.
Deloitte’s Metaverse Survey
A new report by Deloitte titled “The Metaverse in Asia: Strategies for Accelerating Economic Impact” indicates that the Metaverse is We estimate it to be a trillion dollar opportunity. The study delves into 12 selected Asian economies: Hong Kong, India, Indonesia, Japan, Mainland China, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam.
The Deloitte report states:
The Metaverse impact on Asia’s GDP could range from $0.8 trillion to $1.4 trillion annually by 2035. dollars, estimated to be around $1.3 to $2.4.
“The Metaverse presents a trillion-dollar opportunity to significantly transform the region’s major economies. “The development path for this nascent technology remains uncertain,” Deloitte said.
The financial services firm explained: “The Metaverse is no longer science fiction. Early Metaverse platforms are already being used by millions of people. We are already gaming, socializing, attending concerts, and purchasing items on our virtual platform.”
Deloitte Report Details:
Toward Metaverse Potential GDP Estimates of the impact of global warming range from $1.5 trillion per year by 2030 to $3 trillion per year by 2031.
Her Duleesha Kulasooriya, Managing Director of Southeast Asia at the Deloitte Center for the Edge, quoted CNBC as saying: Currently, 60% of the world’s youth live in Asia.
added the Managing Director. Developing the technology stack, human capital and regulatory frameworks to realize the potential of Asia’s trillion-dollar metaverse will benefit a wide range of industries and economic activities.
Emphasizing that “the potential growth and contribution of the metaverse could be of global significance,” the report continues.
Global market size estimates (i.e. revenue) for the Metaverse range from US$678.8 billion annually to a maximum of US$13 trillion by 2030.
Estimates are from Citi Group. Goldman Sachs, on the other hand, sees the Metaverse as an $8 trillion opportunity, and McKinsey believes the Metaverse could generate $5 trillion by 2030.
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