The global oil & gas industry experienced an 18% rise in company filings mentions of metaverse in Q2 2023 compared with the previous quarter, with the highest share accounted for by Reliance Industries with 33% year-on-year decrease, according to GlobalData’s analysis of over 37 oil & gas company filings. Expected to be the next mega-theme, metaverse has the potential to impact multiple sectors. 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 online travel and industrial automation, according to GlobalData.
Of the top leading companies in the oil & gas industry, Reliance Industries had the greatest increase in references for metaverse in Q2 2023, compared with the previous quarter. GlobalData identified two metaverse-related sentences in the company's filings - 0.2% of all sentences - and an increase of 100% in Q2 2023 compared with Q2 2022. Petroleo Brasileiro’s mentions of metaverse rose by 100% to 1.
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 90.
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 Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
