Metaverses could improve Asia's GDP by $1,400,000,000,000 per year

Recently, the consulting firm Deloitte shared its opinion on what the future holds for Asia in the event of the development of the metaverse. According to the results of their analysis, by 2030 the market in this region can reach $13,000,000,000,000, and by 2035 the entire market will bring Asia about $1,400,000,000,000 every year.

Such data was provided in their report titled "The Metaverse in Asia: Strategies for Accelerating Economic Impact." The paper shows how analysts have been able to explore the benefits of using the Metaverse in the Asian economy. The analysis was carried out on 12 countries that primarily represent the Asian region: Japan, China, Hong Kong, India, Indonesia, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam.

According to experts, the metaverse and virtual worlds are no longer something of a kind of science fiction, but something that is already here and now and users can directly interact with it. They noted that most of the inhabitants of the metaverses are natives of Asian countries:

The metaverse is no longer science fiction. The early platforms of the metaverse are already being used by millions. In Asia, many consumers are already playing, chatting, attending concerts and buying goods on virtual platforms such as Roblox, Decentraland, Fortnite, as well as Asian Sandbox and Zepeto.

According to preliminary calculations, it was found that of all the people who are in the metaverses, about 60% of gamers come from Asia.

Deloitte focused on the fact that although the metaverses will help Asia develop the economy and in general will favorably contribute to this area, at the same time, it is Asians who will have the greatest influence in changing virtual worlds.

The result was summed up by Dulisha Kulasuria from Deloitte. According to her, the contact of virtual worlds with the real world is inevitable:

The metaverse is inevitable. Developing the technology stacks, human capital, and regulatory framework to realize the trillion-dollar metaverse potential of Asia will benefit a wide range of industries and economic activities.