Tag: Metaverse
McKinsey Values Metaverse At $5T Economy By 2030, As Much As $206B From Advertising
“Within its $5 trillion tally, McKinsey predicts ecommerce will be the largest economic contributor (between $2.0 trillion and $2.6 trillion), followed by “virtual learning” ($180 billion to $270 billion, advertising ($140 billion to $206 billion), and gaming ($108 billion to $125 billion) McKinsey found nearly six in ten consumers (59%) were actively engaging in metaverse…
For the metaverse to grow, mobile digital identities are necessary
“Gartner expects that by 2026, ‘25% of people will spend at least one hour a day in the metaverse for work, shopping, education, social media and/or entertainment.’ I believe that the metaverse isn’t just a destination we reach through technological devices, but rather a digital identity we carry across platforms and experiences. It seems that…
Kiya.ai Launches India’s First Banking Metaverse Named Kiyaverse
“Kiya.ai, a Mumbai-based fintech company, has launched India’s first banking Metaverse, Kiyaverse, which will be used by banks and non-banking finance companies (NBFCs) to enable virtual interactions. Over the next few phases, Kiya.ai plans to have NFTs as tokens and support central bank digital currencies (CBDCs) for transactions. In a statement, the company said that…
71% of executives say the metaverse will be good for business. Here’s why
– “The metaverse will be positive for business, according to most respondents to an Accenture survey. – It will be “breakthrough” or “transformational”, 42% say. – This reimagining of the internet is one of four tech trends identified by Accenture. – The metaverse will be worth more than $1 trillion in annual revenues, according to…