Study Predicts that 25% of People Will Spend at Least One Hour Per Day in Metaverse by 2026

Metaverses will become popular sooner than we expected.

Just five years ago, everybody was extremely skeptical about TikTok. Nobody believed that an app in which people dance and make funny faces could become the third-largest social network. Because of a number of reasons, such as lockdowns, the “stars aligned” for TikTok. 

The same situation may happen with metaverses. A study done by Gartner projects  that people will spend at least an hour in the metaverse by 2026. Indeed, quite soon!  

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The president of Gartner commented on this: 

“From attending virtual classrooms to buying digital land and constructing virtual homes, these activities are currently being conducted in separate environments. Eventually, they will take place in a single environment – the metaverse – with multiple destinations across technologies and experiences.” 

On the other hand, there are various kinds of metaverses. The term itself became vague, because of overuse by various crypto projects. Thus, we need clearer definitions for metaverses. For example, if Facebook is becoming a multiverse, it will become true. On the other hand, if a metaverse is defined as only a crypto game, the predictions may not come true. 

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Nazar Kuzmyn

Nazar Kuzmyn is an audience editor at DailyCoin, responsible for SEO aspects of the publication, long-form content, and the daily newsletter. He has experience in marketing copywriting and journalism, and his educational background includes a Bachelor's in International Relations and a Master's in Journalism and Media Industries. He currently lives in Vilnius, Lithuania, and enjoys attending live concerts and playing indie video games in his free time.