The total addressable market for the metaverse could be between $8 trillion and $13 trillion by 2030, with total users numbering around five billion, Citi said in a report. By willcanny99
The total addressable market for the metaverse economy could be between $8 trillion to $13 trillion by 2030, with up to five billion users, but getting to that market level is going to require sizable infrastructure investment, Citi said in a report on Thursday.is an immersive digital world created by the combination of virtual reality, augmented reality and the internet.
The metaverse concept is not new, the bank’s analysts noted. However, interest in the metaverse really began to snowball at the end of 2021 due to a rise in sales of non-fungible-tokens and big technology companies announcing their interest in the space. Currently the most popular way to experience the metaverse is by playing a video game on a virtual reality headset, Citi said, but it is possible that the “metaverse is moving towards becoming the next generation of the internet or Web 3.”
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