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, 7:24 am

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.

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

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Top 10 most Metaverse-ready countries:

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