The metasverse could contribute $3 trillion to global GDP over the next 10 years

According to a recent report by Analysis Group, an international consulting firm, the metasverse will contribute $3 trillion to global GDP in the next decade by 2031, starting in 2022.

In the first half of 2021, the meta-universe concept will come into public view, integrating various information technologies, presenting rich application scenarios and breeding a broad market space. The report notes that the universe, as widely used as mobile technology, is expected to have a profound impact, with the potential to transform industries as diverse as education, healthcare, manufacturing, job training, communications, entertainment and retail. The report predicts that the metasverse could contribute 2.8% to global GDP over the next decade.

021eb01991acb14e6d12ed9858223b35

"In the next decade, the meta-universe will still be in the stage of deconstructing the needs of the industry and consolidating the underlying foundation." Ccid consultants believe that in this decade, many demand pain points in various industries are expected to be alleviated or solved by means of the meta-universe, and at the same time will promote the progress of the underlying basic technology of the meta-universe. For example, games and video entertainment industry development is limited by intelligent terminal display mode, it is difficult to give users more true feelings, yuan the universe at the bottom of the virtual reality technology for industry core, giving full play to the advantages of the immersion, continuously optimize the user experience, drives the virtual reality underlying technology progress, so as to boost yuan universe fall to the ground.

Regionally, Asia Pacific, the United States and Europe will be the highlands for metasurverse development in the coming decade. According to the report, it is expected that by 2031, the proportion of meta-cosmic economy in GDP will be the highest in the United States, asia-pacific and Europe, and the GDP related to the meta-cosmic economy in the Asia-Pacific region will exceed $1 trillion. The U.S. meta-cosmic economy will reach $560 billion; The European region's metasurverse economy will reach $440 billion, or 1.7 percent of total GDP. Metasexes will also affect the economies of the Middle East and North Africa, Latin America, India, sub-Saharan Africa and Canada.

The report also points out that the metasemes are not yet fully formed, but will have a deeper and wider impact on the world as the technology improves and becomes more widespread. At present, the development of the metasexes is facing technological and policy challenges. To build a true metasexes industry and generate economies of scale, it needs the joint efforts of all links of the industrial chain.

Scroll to Top