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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

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

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