- Metaverse is expected to be worth $5 trillion by 2030.
- KPMG Futures, one of Australia’s big four, is exploring opportunities on public metaverse platforms.
- The firm focused on building a Multi-millionaire dollar opportunity with metaverse in their business by 2025.
Recently a report published by the International consulting firm McKinsey states that the metaverse web world is expected to be worth $5 trillion by 2030.
Recently, KPMG Futures, one of Australia’s big four, has been exploring opportunities on public metaverse platforms to understand the statistics of potential possibilities. They are also trying to represent their clients in the metaverse scenario, as mentioned by Mabbott.
Further, it is also seen that user activity in the metaverse is recently declining due to several issues related to the platform. For the same, the partner of KPMG explains that the firm is not concerned about the decrease in user activity.
The firm is moreover focused on building a Multi-millionaire dollar opportunity for the firm with the inclusion of metaverse in their business by 2025.
The KPMG partner also said during an interview:
When you look at some of these spaces, patronage and participation are low. But this is when all the exciting experiments are happening, and the development of those new business models and ways of creating value is falling out.
Off the back of that, I think there will be an explosion actually in terms of uptake and use and applicability of these technologies as well, he added.
Moreover, there are other attempts by KPMG to enter the metaverse. In June 2022, the business firm invested $30 million into Web3 world employee training for its Canada and US-based teams to educate employees via different events and workshops.