Deloitte estimates that metaverse could add US$1.4 trillion a year to Asia’s GDP
Deloitte estimates the metaverse could boost Asia’s GDP by $800 billion–$1.4 trillion annually by 2035. China, Japan, and India are expected to benefit the most.
Deloitte’s new report, titled ‘The Metaverse in Asia: Strategies for Accelerating Economic Impact‘, estimates that the metaverse could contribute US$800 billion–US$1.4 trillion per year to Asian economies by 2035.
The report examined the potential influence of the metaverse on 12 Asian economies. Deloitte estimated several factors, including demography as well as high digital literacy and cutting-edge digital infrastructure.
As somewhat expected, the Chinese economy will benefit the most, with US$456–862 billion of economic input per year, followed by that of Japan (US$87–165 billion) and India (US$79–148 billion).
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