Express

McKinsey & Company Report Estimates Metaverse Could Create Up to $5 Trillion in Value by 2030

Katie Lin

Summary: A McKinsey & Company report has found that the Metaverse could generate up to $5 trillion in value by 2030. According to the report, four factors are necessary for the Metaverse’s success—devices, open standards, facilitators, and development tools. In addition, it is also important for the Metaverse to provide a positive experience for end users. ...

A McKinsey & Company report has found that the Metaverse could generate up to $5 trillion in value by 2030.

According to the report, four factors are necessary for the Metaverse’s success—devices, open standards, facilitators, and development tools. In addition, it is also important for the Metaverse to provide a positive experience for end users.

According to estimates by the report, over 50% of live events could be held in the Metaverse by 2030.

Author: Katie Lin

Last Update:

Tags: McKinsey & Company,Metaverse
Link: McKinsey & Company Report Estimates Metaverse Could Create Up to $5 Trillion in Value by 2030 [Copy]

Last: U.S. Prosecutors Subpoena Hedge Funds in Binance Money Laundering Investigations

Next: According to Bitpush Market Data, ETH is now $1267.12, down 0.02% in 10 minutes, falls below $1300 mark.

From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago

The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago

Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago

Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago

The Crypto IPO Wave: From Fringe to Front Page 16 days ago