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After Bank of America recently reported on the massive potential of the Metaverse and Grayscale investments considering it $1 trillion opportunity, global investment bank Goldman Sachs is saying that the Metaverse could be worth as much as $12 trillion.
In a recent episode of “Exchanges at Goldman Sachs”, titled “Understanding the metaverse and web 3.0,” analyst Eric Sheridan zoomed in on the metaverse and web 3.0
When asked about the metaverse, its adoption and the potential it holds, Sheridan responded:
“We think this could be as much as an $8 trillion opportunity on the revenue and monetization side.
We look at the digital economy today, which is roughly about 20%, 25% of the global economy … We see the digital economy continuing to grow, and on top of that we see a virtual economy that will grow within and alongside this digital economy.”
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The analyst added:
“That’s how we came up with the number for various outcomes of anywhere from $2 trillion to $12 trillion, with $8 trillion at the midpoint of all potential outcomes.”