Metaverse to contribute 2.8% to GDP


According to a study commissioned by Meta Platforms, the metaverse could;contribute $760B;or 2.4% to U.S. GDP by 2035.

Meta and Deloitte released "The Potential Global Economic Impact of the Metaverse";report.

  • Economic gains in defense, medicine, manufacturing, and entertainment (video games, communication) are expected from metaverse technologies.
  • Meta has forecasted that the metaverse will eventually;replace mobile;as the primary computing platform.
  • Meta predicts;an increased economic opportunity of up to;$538.29B in annual;GDP by 2035.
  • Deloitte estimates that the metaverse could contribute between C$45.3B;and C$85.5B;to Canada's annual GDP by 2035.
  • A global economic impact report commissioned by Meta in 2021 estimated that metaverse adoption would contribute $3.01T by 2031.
  • A KPMG;study;released earlier this month shows that about 47% of U.K. customers believe metaverse services will be widely adopted in the next 10 years.

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