McKinsey & Company, a global consulting firm, announced that they see the metaverse growing into a $5 trillion economy by the year 2030.
What Happened: In a report released June 15 named ‘Value Creation in the Metaverse,’ McKinsey predicted the valuation. The firm provides highlights and analyses of the growth potential of the metaverse, including its rate of adoption and its influence on consumer and producer behaviors.
McKinsey’s report further stated that the $5 trillion valuation will primarily constitute between $2 trillion and $2.6 trillion from e-commerce, between $180 billion and $270 billion from virtual learning, and between $140 billion to $206 …
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