Metaverse enters the business world

be a meeting have done first in-depth report on metaverse based on internet search data analysis with algorithms developed by BeConfluence on more than 4.3 million unique user IPs. The work is basically based on searches conducted in Spain in 2021 and the first quarter of 2022, with references dating back to 2016.

The main conclusion of the analysis is that major economic sectors join this virtual world. Internet searches of the metaverse show great interest in studying this new universe and its possible applications in the workplace, business, and entertainment. Demand has skyrocketed since 2020 and during the first months of 2022 they are already approaching million searches monthly average only in Spain. The enormous volume of information on which the report is based has made it possible to determine what interests and concerns about the metaverse, what types of companies, professional profiles, ages, genders and geographic origins are the stars of Internet searches.

This type of approach to the metaverse of search engines shows doubt, interest in millionaire investment plans and work and leisure opportunities, and all this in the absence of an informational element. What is evident in the search trends and numbers is that this virtual environment is starting to shake up the business and professional worlds, as almost any business in the real world will fit into it, plus new businesses. That users show interest in all sectors most important business: technology, real estate, legal aid, sports, recreation, retail, etc.

As the CEO of BeConfluence points out, Rosa Gomez-AceboCoordinator of the report, “Since Facebook CEO and co-founder Mark Zuckerberg announced in October 2021 the construction of the metaverse, this word has been everywhere, but as our analysis shows, there are still more doubts than certainty about this virtual world. universe that is presented as the future to carry out all kinds of activities through avatars that allow us to interact as if we were in the real world.”

That metaverse search come from various fields such as IT and Telecommunications, entertainment, marketing and communications and retail, which concentrates more than 50 percent of searches in Spain. Other sectors also present a high percentage of searches, such as finance and economics, health and health, education and training, design and digital creativity, real estate and construction, human resources, and tourism. “This data proves that the most dynamic economic sectors are already looking for information about the metaverse. That is, it’s not an isolated phenomenonbut it settles at high speed in the operating theaters of companies and among professionals”, says Rosa Gómez-Acebo.”

62.8 percent of searches are currently conducted by natural persons (67.3 in 2021), compared to those conducted from corporate IPs, 37.2 percent (32.7 in 2021). As you can appreciate, the company’s interest is increasing gradually. More than 50 percent of people seeking information about the metaverse in Spain are men under the age of 40.

Ignorance of the existing virtual world

At the same time, the analyzed search also showed lack of knowledge about virtual environment existing and available tools to interact in this new digital environment. Many questions are asked regarding equipment available to enjoy immersive experiences in the digital world, from types of virtual reality glasses to more advanced equipment to come.

Many of the searches done in the metaverse also reflect the high level of interest in starting a business in this new digital world. A large number of analyzed searches refer to the possibility investment opportunityfrom crypto currency for NFT, through investments in companies that are or will become part of the metaverse, as well as virtual land sales and investments in advertising in the digital world.

The possibilities offered by cyberspace for marketing and advertising are also attracting a lot of attention. In this area, the main topic of interest is knowing the marketing actions that big brands take in the metaverse, as well as how to achieve a brand presence in cyberspace. Many of the analyzed queries seek information about the metaverse there is to do ad campaign and how much will be invested in it in this type of virtual world in the future.

“Another marketing and advertising-related question that concerns Internet searchers is how marketing strategies will change with the metaverse in the coming years and, increasingly, also what future will be available to marketing professionals in this sector in this new environment”, asserts CEO of BeConfluence. Gómez-Acebo added that “this first major report is a very faithful photograph of the great attention the metaverse is generating in most societies and especially in the most vibrant sectors of the economy, the new virtual environment that no one wants to be late.”

Job opportunities in cyberspace

There is also an interest in learning about the various job opportunities offered by cyberspace, from the possibilities make money through video games or working as a developer, until sell virtual space and land. Other job opportunities in the metaverse that generate a lot of interest are those related to the creation and commercialization of NFTs, working in marketing and advertising or 3D design, as well as working as Data specialists.

“Although the construction of the metaverse is still in its early stages, the analyzed searches also reflect internet users’ concerns about legal aspects,” explains Rosa Gómez-Acebo. As an example, how intellectual property will be registered in metaverse and who will protect identity in this new cyberspace, or how NFT works legally and who is responsible in case of NFT or identity theft. Another legal question about the metaverse on the rise is whether there will be a way to provide legal certainty for companies doing business in this environment and what actions are being taken to protect consumers.

Another reason for concern that can be inferred from the analyzed searches refers to the impact of the metaverse on mental health and addiction users, as well as the possibility of suffering possible physical damage, or harassment and defamation, as well as for possible data and identity theft and for use by minors.

Comparison with England

BeConflunce analysis also reaches great Britain, in which more than five million searches were analyzed, also basically in 2021 and the first quarter of 2022. The cross-referenced data between the two countries makes it possible to make comparisons that yield very interesting data. The main conclusion is The British have more information than the Spaniards about the metaverse and that, as in Spain, cyber interest has doubled in recent months.

In total, the BeConfluence report is based on searches performed from 9.3 million unique user IPs. Specifically, 4,351,243 in Spain and 5,025,901 in the UK.. An algorithm developed by BeConfluence has allowed this huge volume of data to be filtered to reflect ongoing trends in Spain in the report, in contrast to reference countries like the UK.

Download this full report link.

Roderick Gilbert

"Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert."

Leave a Reply

Your email address will not be published.