The UK Is The 7th Most Metaverse-ready Country In The World, New Study Reveals

The UK Is The 7th Most Metaverse-ready Country In The World, New Study Reveals
The UK Is The 7th Most Metaverse-ready Country In The World, New Study Reveals

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By citiesabc resources - Nov 23, 2022
The UK has been named the world’s 7th most Metaverse-ready nation in a new study. 
The UK Is The 7th Most Metaverse-ready Country In The World, New Study Reveals
As Metaverse technology continues to evolve and grow, it is looking likely to soon become a part of our everyday lives. But where are the most Metaverse-ready countries in the world?
The study by Uswitch has analysed nations on several factors such as fixed broadband speeds, broadband package prices, the number of blockchain financial start-ups and the price of high technology exports, to reveal the most Metaverse-ready countries in the world.

Top 10 most Metaverse-ready countries:

Rank

Country

Median fixed broadband speed (Mbps)

Average monthly broadband package

Blockchain financial services startups Per million people

High-technology exports per capita

Annual Metaverse Google searches Per million people

Metaverse readiness score /10

1

Netherlands

106.51

£40.02

14.8

£5,002

24,137

7.74

2

Switzerland

122.76

£55.24

36.9

£3,807

30,238

7.61

3

Lithuania

87.21

£9.65

17.2

£963

10,625

7.39

4

Malta

87.36

£31.37

-

£1,328

30,936

7.31

5

France

105.23

£25.07

4.0

£1,252

26,559

6.96

6

Sweden

98.45

£30.69

5.9

£1,578

22,504

6.82

7

United Kingdom

66.22

£33.82

23.8

£859

21,991

6.77

8

Denmark

156.06

£42.43

7.0

£1,829

17,416

6.74

9

Canada

111.76

£48.06

14.3

£1,094

29,585

6.45

9

Luxembourg

93.22

£59.17

34.4

£659

28,807

6.45

The country most ready for the Metaverse is the Netherlands, according to the metrics. It has one of the highest median fixed broadband speeds of 106.51Mbps, suggesting it is one of the closest countries to reaching the fundamentally required speeds for the Metaverse. The country also produced £5,002 of high-technology exports per capita in 2021.
The second most Metaverse-ready country isSwitzerland.With high-tech exports only just behind the Netherlands at £3,807 per capita, Switzerland has also seen a massive 36.91 blockchain financial services start-ups, which will be key players in the future of the Metaverse. It is also the nation with the most Google searches about the Metaverse per million citizens, with over 30,000 per million people last year.
Five places behind Switzerland is the United Kingdom, with a Metaverse readiness score of 6.77/10. The UK has a keen interest in the Metaverse with almost 22,000 annual Google searches per million people. With an average monthly broadband package of £33.82, the internet is more affordable than 5 other nations in the top 10.
Read more: Are NFTs A Better Investment Than Crypto? The World’s Most Googled NFT Questions Answered

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