france poised to lead global metaverse development by 2030

The metaverse is becoming a tangible economic force and could contribute $1.5 trillion to the global economy by 2030, according to a study by PwC.

France's Potential in the Metaverse

France has the potential to capture a significant share of this market by enhancing its ecosystem and fostering collaboration among stakeholders. The country's skilled engineering workforce, with over 30,000 engineers graduating annually, positions France well in the race to develop the metaverse. Leading companies like Dassault Systèmes and Lynx-R, along with the success of the video game sector, demonstrate France's technological prowess.

Healthcare is a dynamic sector for immersive technologies, with France at the forefront of utilizing virtual reality and augmented reality. The impact of immersive technologies on patient care is evident, and the global market for VR and AR in healthcare is projected to grow significantly.

Challenges and Collaboration

However, the development of the metaverse at scale presents challenges that require substantial investment and collaboration. The creation of global champions in the metaverse will require synergy among stakeholders and financial support from both public authorities and private investors. France has the potential to not only capture economic value but also redefine human interaction in the digital age, but it will require a concerted effort from all players involved.

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