User spending on Metawares will reach $ 5 trillion by 2030 - GOMISTORES

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Saturday, 18 June 2022

User spending on Metawares will reach $ 5 trillion by 2030

 According to a new report by consulting firm McKinsey & Co., annual costs associated with Metaverse businesses and consumers could reach $ 5 trillion by 2030.

The researchers interviewed 3.1 thousand people in 11 countries and more than 400 managers in 15 industries. The report covers virtual activities such as sports, communication on social networks, entertainment, shopping, and distance learning.

According to analysts, Metawares' share of e-commerce is $ 2-2.6 trillion, while virtual advertising spending is $ 144-206 billion.

79% of respondents said they had already made purchases on metaverse and 47% of them had done so in sports. According to a McKinsey study, 95% of company managers surveyed believe that the development of metal wares will have a positive impact on their operations in the coming years.

In early June, Mattel NFT, a giant in the toy industry, signed a multi-year agreement with Cryptoys. Hot Wheels and Barbie toys are sold as NFT and can be played on Cryptoys metaverse.

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