Business Standard

Behind the curve on metaverse

The metaverse won't work unless it's a seamless environment available on the move

metaverse
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Devangshu Datta
People are just starting to get their heads around the concept of the metaverse. The promise is of immersive environments where we can do pretty much anything. Users will utilise avatars and gear like virtual/augmented reality helmets or glasses (more options will surely develop) to dive in.

Citibank guesstimates the metaverse may generate between $8 trillion and $13 trillion worth of global gross domestic product (GDP) by 2030, with 5 billion users. In 2020, global GDP was $85 trillion and the global economy is expected to grow at near 3 per cent annually. The world population is 8 billion, growing at
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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First Published: Apr 22 2022 | 10:39 PM IST

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