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Major metaverse movers talk standards

The metaverse has been deemed important enough for the parent of a social network with 3bn users to recast itself as Meta and there are plenty of other big numbers being connected to the internet’s new frontier. A report by the McKinsey consultancy last week predicted the metaverse could be worth $5tn by 2030. Ecommerce could comprise $2.6tn, virtual learning, $270bn, advertising, $206bn, and gaming, $125bn, it said. Read More...

The metaverse has been deemed important enough for the parent of a social network with 3bn users to recast itself as Meta and there are plenty of other big numbers being connected to the internet’s new frontier. A report by the McKinsey consultancy last week predicted the metaverse could be worth $5tn by 2030. Ecommerce could comprise $2.6tn, virtual learning, $270bn, advertising, $206bn, and gaming, $125bn, it said.

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