Strategy&

The potential contribution of the metaverse to GCC economies could be around US$15 billion annually by 2030, according to the latest report by Strategy& Middle East, part of the PwC network, of which $7.6 billion would be in Saudi Arabia and $3.3 billion in the UAE. Although the metaverse is still developing, the pace of change is swift. Organizations in the GCC should act now and seize the opportunity. Tony G. Karam, Partner, Strategy& Middle East, said: “Overall, we estimate the metaverse will inject $15 billion annually into GCC economies ...