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The Metaverse in India
Strategies for Accelerating Economic Impact
Set to become the third largest economy by 2030, India has a population that is young, digitally connected, and ready for the metaverse. With over half of its population under the age of 30, the country produces the highest number of STEM graduates globally. It is demographically well-positioned to contribute digital labor to the metaverse, especially since it is already a go-to destination for IT offshoring globally and is evolving rapidly into a product development hub.
While the country has no shortage of labor, brain drain has been a growing concern.
The Metaverse in Asia
Embracing the metaverse could unlock a trillion-dollar opportunity in Asia. Developing the technology stacks, human capital and regulatory frameworks required will benefit a wide range of industries and economic activities.