March 31, 2023

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The interest in the Metaverse, as well as VR (virtual reality), has mounted to a great extent in progressing countries as compared with those having high incomes, as per a survey organized on the behalf of the WEF (World Economic Forum).

Ipos (a market research company) issued the inferences of the respective survey pointing out that this idea is at present broadly famous with 52% of up to 21,000 adults (who were the participants of the survey from across twenty-nine countries) were well-acquainted with the concept of the Metaverse. 50% of them have expressed good sentiments concerning the incorporation of this sector into their regular lives.

Colombia, Saudi Arabia, Peru, India, and China are counted to be the prominent 5 nations comprised of above two-thirds or so a percentage of the participants mentioning that they like the very sector. China showed the topmost proportion in this respect, with nearly 78% of people having good feelings about the daily utilization of the metaverse. Then comes India, containing 75% of respondents in the favor of the burgeoning field.

At the bottom of the results was Japan with displaying only 22% of people who asserted to be favoring the metaverse space. The rest of the countries took into account Germany (with 31%), Canada (with 30%), Belgium (with 30%), as well as the United Kingdom (with 26%). It is noteworthy here that the populations of the high-income countries were not well-versed with the concept of the metaverse.

In terms of awareness about the Metaverse, Turkey secured the highest percentage of 86%. The other countries included Poland (at the bottommost point with 27%), South Korea (with 71%), China (with 73%), and India (with 73%). In the survey, the respondents were additionally asked about the zones in their routine life where the impact of the Metaverse would be the most in their perception. The answers took into account digital socializing, entertainment, virtual learning, as well as the applications such as remote surgery.

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It appears that the developing countries are more enthusiastic regarding blockchain as well as cryptocurrency throughout the world, as mentioned in a report that Gemini (a crypto exchange) published in April, which brought it to the front that the 50% of the respondents belonging to Asia Pacific zone, Brazil, and India bought their initial crypto assets in the previous year.

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