The metaverse is expected to be a major disruptor across industries, but it's still early days for the emerging realm. In this report, we look at how different markets are embarking on their own metaverse business models.

Chinese companies can learn much about metaverse from US counterparts: Heavy tech regulations in the country have slowed tech firm’s ventures into the virtual world.

China’s tech giants are racing to own the technology of the metaverse: Tencent, Baidu, Oppo, and Huawei are beating US counterparts to the AR/VR patent punch.

The virtual world will change the way consumers in China interact online and shop.

Kearney’s China Diversification Index, which analyzes the shift of US manufacturing away from China to other low-cost countries in Asia, saw the US import value from China decrease from 66% of the total in 2018 to 55% at the end of 2021. “Made in America” will shift from a consumer preference to a business imperative.

The metaverse development timeline will get longer. Meta is pulling back on metaverse expenditures and virtual goods fan-favorite Roblox is facing waning usage and revenues after a pandemic spike. We expect the race to build virtual environments for business and commerce to look more like a marathon than a sprint, but there’s an opportunity to take the lead as Meta idles.

In 2022, China’s tech sector will continue dealing with a new regulatory climate, resulting in some new winners and a few familiar losers. Short-form video will make gains with commerce, and the metaverse will rear its head.

Even as tech companies pour money into the metaverse, space-based connectivity, and more sophisticated virtual assistants, they’ll face more pressure.

NFTs come to the fore in China: However, the country’s regulatory scrutiny could add complexities to engaging with them.

The bigger picture: Meta needs to continue stoking the fires of the metaverse, and revealing some of the technological underpinnings of its platform can help stir up excitement, user adoption, and potential partnerships. Read the full article. 3. China clamps down on AI algorithms.

The “metaverse” has become one of the hottest topics among marketers globally, especially after some major investments into the hardware and software segments by Apple, Facebook, and Microsoft. And in China, tech companies are already staking their claim in the trend.

ES: Pricing, performance, and ease of use dictated who owned the market in the early days of personal computing. Today, VR ecosystems and platforms continue that trend as the metaverse takes shape: Consumers, developers, and content producers will eventually decide the future of the metaverse, but they will be limited by hardware’s capabilities. We look at the state of VR hardware, the key players, and how gaming could serve as a gateway to VR/AR adoption.

Meta on the ropes: Meta shares have dropped, but metaverse adoption is expected to be a $13 trillion industry by 2030 as more players build competing immersive VR experiences.

Article: In China too, the metaverse is the next big thing.

Baidu sees full launch of its metaverse in six years: Ahead of Baidu Create 2021, the company’s developer conference held on December 27, Baidu vice president Ma Jie told reporters XiRang, the company’s metaverse app, is still six years away from a full launch.

Single’s Day—China’s annual shopping extravaganza in November—is the world’s biggest shopping event, with an estimated RMB 965.1 billion ($139.83 billion) in sales in 2021, according to the China e-Business Research Center. It is also changing the way consumers shop by showcasing new retail concepts such as the metaverse, nonfungible tokens, sustainability, and agile commerce.

Article: Tech players in China eye the metaverse.