Metaverse economy can reach US$ 13 Trillion, according to Citi.
Despite the metaverse still being in its diapers, its impacts will probably be huge on the leading tech industry players and on cryptocurrencies.
Theoretically, following the report from Citi, the total market from the metaverse needs to be addressed, adding the revenue related to the internet and actual-world activities that are being displaced. This represents a revenue opportunity of up to US$13 trillion.
Citi identified five early investment opportunities that are crucial to its development.
Cloud networking infrastructure.
Natural user interfaces, e.g., voice control and gestures for greater user immersion and a better UX.
Extended reality headsets.
Blockchain decentralizes economic systems and ownership of digital assets.
Operating systems connecting people and content
In the list of companies that will benefit from the metaverse, we can find META, Apple, NVIDIA, and Intel, as well as mobile companies like Verizon, T-Mobile, and AT&T.
Citi also warns that, as we are still in its initial stage of development, there is still an infinity of risks and challenges in technology, regulation, privacy, and crypto that must be overcome before we see a global adoption taking place.