New Report Estimates the Metaverse Could Contribute 2.8% to Global GDP in Its First Decade

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Economic experts at Analysis Group, one of the largest international economics consulting firms, released a report suggesting that if metaverse adoption and impact evolve similarly to mobile technology, it could contribute 2.8% to global gross domestic product (GDP) in the 10th year after the adoption begins. If started in 2022, adoption of the metaverse over the next 10 years could lead to a $3-trillion contribution to global GDP in 2031. Like mobile technology, the metaverse is expected to have far-reaching applications, with the potential to transform a wide range of economic sectors such as education, health care, manufacturing, job training, communications, entertainment, and retail.

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