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Metaverse could be worth $5 trillion by 2030: McKinsey report

A new report from global consulting firm McKinsey found that the Metaverse could be worth $5 trillion by 2030. Global spending in the Metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company. Published yesterday, the 77-page report titled “Value Creation in the Metaverse” analyzed current adoption trends and drew additional insight from two global surveys; one gathered data from 3,104 consumers across 11 countries, while the other polled a range of executives from 448 companies across 15 industries in 10 different countries.