Metaverse could contribute up to 2.4% of US GDP by 2035 - study

FILE PHOTO: A person wears Varjo's human-eye resolution VR headset to learn human anatomy at the Varjo's Metaverse stand during the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2023. REUTERS/Nacho Doce

(Reuters) - The metaverse could contribute as much as $760 billion or about 2.4% to U.S. annual gross domestic product (GDP) by 2035, according to a study commissioned by Facebook owner Meta Platforms.

The concept of the metaverse includes augmented and virtual reality technologies that allow users to immerse themselves in a virtual world or overlay information digitally on images of the real world, according to the report by consulting firm Deloitte.