That's based on the companies' competitive edge in particular aspects of the metaverse, such as gaming and social networks.
In JPMorgan's most optimistic scenario, China's online game market nearly triples to $131 billion from $44 billion. JPMorgan estimates the total addressable market in China for business services and software in the metaverse will be $27 billion, while digitalizing the offline consumption of goods and services will make up a $4 trillion market in China.
Tencent also has "rich experience in managing China's largest social network Weixin/mobile QQ" and can benefit from virtual item sales within those platforms, the analysts said.
Narrator: the metaverse didn’t take off
If any of them are metaverse real estate stocks, I'm shorting everything that JP Morgan has touched.
'if' $FB takes off