The global banking & payments industry experienced a 27% drop in social media posts on metaverse in Q1 2023 compared with the previous quarter, with the highest share accounted for Binance, according to GlobalData’s analysis of social media posts. 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, cryptocurrencies was one of the most frequently referenced themes in Q1 2023, ranking highest in terms of mentions ahead of blockchain and financial wellness, according to GlobalData.

Of the 50 leading companies in the banking & payments industry, Binance had the most mentions of metaverse in Q1 2023. GlobalData identified 17,614 metaverse-related posts in the industry's social media activity - 1% of all posts - and a decrease of 27% in Q1 2023 compared with Q4 2022.

For further understanding of GlobalData's Metaverse Market Size, Share and Trends Analysis Report, and Segment Forecasts to 2030 buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Social Media Analytics uses machine learning to uncover key insights and track sentiment across millions of social media posts across selected Twitter influencers and Reddit channels.