A study about Trading Platforms made in England reveal it 49% of Metaverse fans are millennials“underscores the critical role it plays in driving the growth of virtual reality and shaping the future of digital experiences.”

According to a financial analyst at the consultancy, “Metaverse offers millennials an immersive form of entertainment and social interactionand “its appeal lies in its ability to provide a sense of community and share experiences, even when physically separated.”

Furthermore, he predicted thatThe Metaverse gives users the ability to create their own worlds and narrativesoffers a new form of self-expression.”

From a website that specifically compares online platforms, they explain that Metaverse appeals to millennials because of their “innate familiarity with technology and digital platforms”. “Growing up in an era of rapid technological advances, millennials have digital fluency that allows them to navigate and engage with virtual environments seamlessly,” they added.

They also argue that millennials “value experiences beyond material possessions, and seek opportunities for self-expression and connection in the digital world,” which Metaverse offers and enables them to “explore new identities, socialize with like-minded people, and engage in a variety of immersive activities”.

“With technological savvy and a willingness to embrace innovative experiences, Millennials acted as a catalyst for widespread adoption of virtual reality devices and applications”, they highlight.

In this sense, they state that “The rise of the metaverse and the enthusiastic participation of millennials has the potential to reshape the UK tech landscape”.

“As virtual reality gains fans, it opens the way to new business opportunitieswith innovative startups and established companies alike leveraging the growing demand for Metaverse-related products and services,” they concluded.