69% users bet metaverse entertainment will reshape social lifestyle: Data

of social life. 69% of respondents have placed their bet on the metaverse to reshape social lifestyle with a new approach to entertainment, while 65% believed in metaverse's new approach to social activities.

Sentiments on how it will affect finances, business and education were also high at 61.2%, 49.6% and 45%, respectively. Over the last five years, Microsoft secured 158 metaverse-related patents, overshadowing Big Tech firms such as Meta, Tencent and Epic Games. As the metaverse continues to develop, it will have the possibility to impact social life in a more tangible manner. For example, new metaverse features that included touch and smell were recently revealed at the Consumer Electronics Show 2023.

Additionally, the survey pointed out that over half of respondents who are invested in the metaverse own a form of cryptocurrency. According to the survey, the United States comes in the top spot for metaverse innovation. However, China and India take the top spots for positive sentiment toward daily metaverse use, 78% and 75%, respectively, as shown above.

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