.png){kind=logo}
- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Metaverse is a virtual world where you can connect with people via your digital avatars. The technology creates a virtual world similar to the real one. The COVID-19 pandemic has speeded up the emergence of virtual communities as major lifestyle areas for locked-down users. We can see the ecosystem of individual entrepreneurs globally and the spirit to work for the latest tech trends. The growing popularity among individuals and developments in NFTs, cryptocurrencies, 3D avatars, and immersive gaming experiences creates multiple opportunities for players in the global market. The global metaverse market size was valued at US$63.83 billion in 2021. The market is projected to grow from US$100.27 billion in 2022 to US$1,527.55 billion by 2029, exhibiting a CAGR of 47.6% during the forecast period. This article features the top 10 countries to work as a Metaverse Professional in 2022.
Just like in many countries the "Metaverse" has become a new buzzword in China, bringing about a host of new and exciting business opportunities. Chinese technology companies have begun testing the water by developing metaverse type apps, trademarking metaverse-related phrases, and investing in the VR/AR segment. For those who are highly interested to work as Metaverse professionals, China seems your dream destination. It is one of the best countries to work as a Metaverse Professional in 2022.
Large Indian firms are beginning to embrace the bold new world of Metaverse—an unexplored universe, often in 3D, AR, or virtual reality! It is immersive and almost as uncharted as the internet was in the early 90s. Indian companies like Mahindra & Mahindra, Tanishq, and MakeMyTrip have ventured into the metaverse space and are paving the road to the digital future. The companies using metaverse-related tools and NFTs as marketing tools to expand their operations to the digital world are spread across several sectors. It is one of the best countries to work as a Metaverse Professional in 2022.
Israeli tech is aiming on playing a significant role in the Metaverse, with research by seed and pre-seed venture capital firm Remagine Ventures showing that the local landscape already includes almost 50 companies that are active in this blossoming sector.
The UAE and Saudi Arabia will lead the region will it comes to investing in the metaverse, with the Middle East becoming a "major player" in the online virtual world. Dubai is now home to MetaIncubator; the first Metaverse Incubator in the Middle East, designed to foster the development of early-stage Metaverse and Web3 applications. It is one of the best countries to work as a Metaverse Professional in 2022.
The idea of the Metaverse started in the U.S. and there are many companies developing parallel technologies like AR and VR as well. In March 2021, American game company Roblox landed on the New York Stock Exchange, bringing the Metaverse concept to the mainstream. The CEO of Microsoft even said outright that all the tech giants would enter the Metaverse.
The mixture of the real with the virtual has been happening in Japan for many years. Japanese games are generally immersive, their Visual Novel already tries to lead their players to a new life with relationships and friends. Something that has become popular recently is YouTube channels where the presenters are most often anime-style characters called V-tube. Something strong, since the Japanese value anonymity a lot. It is one of the best countries to work as a Metaverse Professional in 2022.
As the hype machine continues to laud the metaverse as a 'revolutionary technology, internet users across Europe are becoming increasingly curious about the concept. According to new research, individuals in the UK are the most curious about the metaverse in the entire continent.
Canada's tech companies are already deep in the metaverse market, working in every corner of the economy, offering products and services that both improve lives and deliver a sense of wonder. It is one of the best countries to work as a Metaverse Professional in 2022.
Everyone wants a piece of the metaverse pie. The new frenzy has also spread to French companies, who gathered at a VivaTech event – also attended by tech giant Meta – in Paris this week. The event focused on virtual reality – an integral part of metaverse's future – and also saw companies like French luxury giant LVMH allow attendants to try on their clothing via augmented reality.
South Korea is the first country where the government is all in the Metaverse, with Korean companies being equally bullish in turn. On November 4, 2021, the Korean government released the "Five-Year Plan for the Metaverse City." It announced that it would invest $3.3 million to establish a Korean Metaverse platform, "Metaverse Seoul". It is one of the best countries to work as a Metaverse Professional in 2022.
