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Metaverse could pump $1.4 trillion a year into Asia’s GDP, Deloitte report says

2022/11/16 06:08

According to CNBC, Meta’s huge bet on the metaverse may have put the company in dire straits, but a new Deloitte report suggests that virtual realities could have “transformational effects” on Asian economies. Deloitte’s new report, titled “The Metaverse in Asia: Strategies for Accelerating Economic Impact,” examined the potential influence of the metaverse on 12 Asian economies. The metaverse’s contribution to gross domestic product in Asia could be between $800 billion and $1.4 trillion per year by 2035, said the consulting company. That would make up roughly 1.3% to 2.4% of overall GDP, it added, assuming there are “sustained technology investments made in the next five to ten years.”
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