According to more technical parameters like fixed broadband speeds and costs, Uswitch's research (1) identified which nations are prepared to adopt the metaverse.
The Report's findings
Whether or not customers are ready, the metaverse and digital reality experiences are rushing toward them. However, from a technological perspective, some regions of the world are more prepared to accept a digital future. The number of blockchain financial start-ups, broadband package costs, fixed broadband speeds, and the cost of high technology exports was all factors considered in a recent study by internet and telephone service researcher Uswitch to identify which nations are best suited to embrace the metaverse.
The first item on the list is the Netherlands, which has the best infrastructure to support such technology. The Netherlands has one of the highest average fixed broadband speeds in the survey, at 106.51 Mbps. Additionally, the nation exported high-tech goods worth almost $6,000 per person last year.
What about other nations?
According to a separate poll (2), the Netherlands likewise topped the list of consumers' interest in the metaverse. Switzerland, Malta, Lithuania, and France follow the Netherlands. It is well known that all of the nations in the top five spaces have expressed interest in the developing Web3 area. Particularly for a long time, Malta was a center for blockchain technology.
The United States and the United Kingdom, two powerful nations involved in constructing the metaverse, placed seventh and twelfth, respectively. However turbulent the Web3 market has recently been, development Around the metaverse, progress is still being made. A new music metaverse game platform has had its controlling interest acquired, according to Animoca Brands. This happened shortly after the business revealed its intentions for a $1 billion metaverse development fund. Following comments by co-founder and CEO Mark Zuckerberg that he isn't allowing criticism and huge financial losses to halt plans for developing a metaverse platform, Meta, the parent corporation of Facebook, is again in the metaverse limelight.