31.7 Billion Dollars.. This Is What the "Metaverse" Adds To the Arab Economies

  • Arab Countries
  • 18 September 2023
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A recent report shows that the market capitalization of the Metaverse sector around the world could reach $ 900 billion by 2030.

According to a study by consulting firm Deloitte, the industry could add more than $80 billion to the MENA region's GDP annually by 2035. The study estimated that by 2035, Metaverse technologies could contribute between $20.2 billion and $38.1 billion to the Saudi economy and between $11.6 billion and $22 billion to the Egyptian economy. It could add between $8.8 billion and $16.6 billion to the UAE economy, and about $2.6 billion to $5 billion. Dollars for Morocco's economy, and between $0.9 billion and $1.7 billion for Jordan's economy.

Source (Al-Arabiya.net Website, Edited)

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