Europe is significantly more Metaverse-ready than the rest of the world.
Uswitch, a UK-based price comparison service and switching website established in 2000, has conducted a study determining which countries around the world are the most Metaverse-ready.
In the beginning, the company identified several Metaverse-related elements. Uswitch stated that to participate in the Metaverse, users should use “both virtual and augmented reality headsets.” On top of that, based on the study from iceConnect, users would need to have a broadband speed of at least 1,000Mbps.
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The company considered several elements, including fixed broadband speed, broadband package, blockchain financial service startups, high-technology exports and annual Google searches.
At the top of its list, Uswitch named the Netherlands as the most Metaverse-ready country in the world. The Netherlands has one of the highest fixed broadband speeds of 106.51 Mbps. On top of that, the Netherlands produced around $5,770 in high-technology exports per capita in 2021. Uswitch gave the country 7.74 readiness points out of 10.
In the second place, the company listed Switzerland. The country, with a population of almost 9 million, has exported $4,391 per capita of its high-technology products. On top of that, its fixed median broadband speed is 122.75 Mbps. Nevertheless, Switz entrepreneurs are greatly interested in blockchain and Metaverse, with 36.91 blockchain financial services startups per million people. Switzerland scores 7.61 for its Metaverse readiness.
In third place, Uswitch named Lithuania. According to a Uswitch study, the country offers one of the cheapest monthly broadband packages at just $11.13. The country’s residents are interested in the Metaverse as there were over 10,000 annual Google searches per million people. Uswitch gave Lithuania a readiness score of 7.39 out of 10.
It is worth noting that in Uswitch's list of the top 10 most Metaverse-ready countries, nine of them are in Europe. Apart from the top 3 countries mentioned above, the list includes Malta, France, Sweden, the United Kingdom, Denmark, Luxembourg and Canada.
