Statista trend report on the metaverse sector in China
The metaverse is brewing in China. More than a thousand Chinese companies, including heavyweights like Tencent and Alibaba, have submitted trademark registrations related to the metaverse. Even the authority has formed the Metaverse Industry Committee and released its first action plan on several immersive technology achievements by 2026. The country is clearly displaying its eagerness to build the future of the internet. From policies, technologies, and infrastructure to government, corporates, and consumers, how far is China from the next digital revolution? How similar or different will the Chinaverse look from the current U.S.- centric metaverse? Can China win the metaverse race to capitalize on its potential?
This report offers a comprehensive overview of the metaverse industry in China. It provides a detailed timeline with the key metaverse-related developments and helps readers understand the approach of the Chinese officials. The report then dives into the strengths and weaknesses of the top Chinese players in the field and highlights the most interesting use cases and applications. Consumer perceptions and expectations are also included. The report concludes with insights into the market outlook.
The metaverse through China’s lens
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