Bangalore: While Metaverse adoption at scale is likely to be 8-10 years away, the space is seeing strong early adoption in India, according to a report from Nasscom.

Significant private equity/VC investments and strong M&A commitments were announced in the first half of 2022 in the metaverse space, worth more than $120 billion.

Now, companies are beginning to implement metaverse use cases across the entire value chain.

By 2030, sectors such as retail, manufacturing, media, healthcare, telecom, professional services and banking are likely to be the top drivers of enterprise use case spending in the metaverse, according to the study. of Nasscom with McKinsey & Company.

“We are beginning to see a more nuanced and thoughtful approach to designing a…