The global banking & payments industry experienced a 45% drop in company filings mentions of metaverse in Q2 2023 compared with the previous quarter, with the highest share accounted for by Itau Unibanco Holding with 44% year-on-year decrease, according to GlobalData’s analysis of over 126 banking & payments company filings. Expected to be the next mega-theme, metaverse has the potential to significantly impact the banking sector. GlobalData’s Metaverse Market Size, Share and Trends Analysis Report, and Segment Forecasts to 2030 report provides sizing information for segmentation by vertical, component stack and region, latest trends and dynamics and competitive profiling of key players in the market. Buy the report here.
Notably, metaverse was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of mobile payments and online payments, according to GlobalData.
Of the top leading companies in the banking & payments industry, Itau Unibanco Holding had the greatest increase in references for metaverse in Q2 2023, compared with the previous quarter. GlobalData identified five metaverse-related sentences in the company's filings - 0.3% of all sentences - and an increase of 400% in Q2 2023 compared with Q2 2022. Mastercard’s mentions of metaverse rose by 100% to 5 and Nasdaq’s by 100% to 2.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for metaverse in Q2 2023 was 95.
For further understanding of GlobalData's Metaverse Market Size, Share and Trends Analysis Report, and Segment Forecasts to 2030 buy the report here.