Valuation Analysis of Metaverse Industry
DOI:
https://doi.org/10.54691/bcpbm.v38i.3757Keywords:
Metaverse; Extended reality (XR); cloud computing; Business model.Abstract
Since the beginning of 2022, share prices have been affected by volatility with the downturn in the market, and the Internet companies are at an important point of reform simultaneously, of which metaverse is the main direction. The meta-universe concept has been thrust into the limelight and has received widespread attention, with domestic and international companies beginning to lay out their transformations. Based on data collection and literature retrieving, we will discuss the future development prospects and potential of the metaverse from the development stage of the metaverse industry, the drivers of the metaverse industry, the business model and valuation of the metaverse industry. According to analysis, the market value of the metaverse will continue to climb as technology advances and the times reform. Although the metaverse is now in the development stage, we are extremely optimistic about its future development prospects and market value. These results shed light on guiding further exploration of the metaverse.
Downloads
References
Ning H, Wang H, Lin Y, et al. A Survey on Metaverse: the State-of-the-art, Technologies, Applications, and Challenges. arXiv preprint arXiv:2111.09673, 2021.
Thousands of inter-investment bank. 2021 Metaverse Industry Development Research Report. Retrieved from: http://www.21jingji.com/article/20211011/herald/5e34bb41fcd7aa35a9aec71e8a820887.html (11.10.2021)
Lee L H, Braud T, Zhou P, et al. All one needs to know about metaverse: A complete survey on technological singularity, virtual ecosystem, and research agenda. arXiv preprint arXiv:2110.05352, 2021.
Jia-Ming Wu, PwC: Metaverse may set off a new wave of digitalization. Retrieved from: https://finance.eastmoney.com/a/202206232422464493.html(2022-6-23)
Qi Gao. A new era of linking metaverse to accelerate the industry's empowerment. Big Data Times,2022(2):10.
King. TEDA Vision. "Prepare for war" Meta-universe (II). Retrieved from: https://www.sohu.com/a/526610316_121124742 (2.3.2022)
Sharmistha Mandal. International Journal of Scientific & Engineering Research: Brief Introduction of Virtual Reality & its Challenges Volume 4, Issue 4, 2013.
Edwin. Introduction To Augmented Reality (AR): How It Works? Published: 22 August 2019. Modified: 22 July 2022.
Edwin introduction To Mixed Reality (MR) And How It Works Published: 12 September 2019 Modified: 19 February 2020.
Metaverse + Virtual Human: Typical Cases and Development Paths. (2022). Retrieved from: https://coinyuppie.com/metaverse-virtual-human-typical-cases-and-development-paths/
Lu Pu Constructing metaverse: Exploring virtual digital human marketing in a re-tribalized media ecology Vol.31 Sum No.152 2022.
AR/VR headset shipments worldwide 2019-2023 | Statista. (2022). Retrieved from: https://www.statista.com/statistics/653390/worldwide-virtual-and-augmented-reality-headset-shipments/
AR glasses unit sales worldwide 2024 | Statista. (2022). Retrieved from: https://www.statista.com/statistics/610496/smart-ar-glasses-shipments-worldwide/
Metaverse Market Size, Share & Trends Report, 2030. (2022). Retrieved from: https://www.grandviewresearch.com/industry-analysis/metaverse-market-report
Notice of the State Council on the issuance of the "14th Five-Year Plan" for the development of the digital economy (Guo Fa [2021] No. 29) Government Information Disclosure Column. (2022). Retrieved from: http://www.gov.cn/zhengce/content/2022-01/12/content_5667817.htm
The market size of global game industry is expected to exceed USD 200 billion in 2022. (2022). Retrieved from: https://finance.sina.com.cn/tech/2022-06-13/doc-imizmscu6546642.shtml
ShanYue Guan. 2021 Top 100 Innovative Companies in Digital Economy - Internet Week 2022, Issue 05. (2022). Retrieved from: https://www.cnki.com.cn/Article/CJFDTotal-HLZK202205007.htm
Ning Du, Jun Zhao, RegTech in China's Financial Digital Economy Issue 03, 2022 pp. 75-76.
The People's Bank of China issued the "Financial Technology Development Plan (2022-2025)" _Departmental Government_Chinese Government Website. (2022). Retrieved from: http://www.gov.cn/xinwen/2022-01/05/content_5666525.htm
Ni Zhang. Self-discipline Convention of the Metaverse Industry: resolutely resist using the metaverse for capital speculation - CNN. (2022) Retrieved from: https://www.chinanews.com.cn/cj/2022/02-21/9681919.shtml
Condary. Meta-Universe Overview (12): What kind of policy support have countries given to the Meta-Universe? (2022) Retrieved from: https://mp.weixin.qq.com/s/ivo_JQ45JApXrUTyu1nJtw
Facebook and the creation of the metaverse: radical business model innovation or incremental transformation. Sascha Kraus, 2022, Retrieved from: https://www.emerald.com/insight/content/doi/10.1108/IJEBR-12-2021-0984/full/html
Meta Reports First Quarter 2022 Results
Microsoft 2021 Annual Report. (2022). Retrieved from: https://www.microsoft.com/investor/reports/ar21/index.html






