Jio, Airtel Set to Gain as Metaverse Will Increase Data Usage 20 Times in 10 Years: Credit Suisse
The transition of digital ecosystem to metaverse, where a person will feel immersed in a virtual world, will push data usage by 20 times across the globe by 2032 and telecom operators Bharti Airtel and Reliance Jio are suitably placed to benefit from the surge in India, a Credit Suisse report has said.The report said metaverse has enormous potential to further expand screen time and drive more bandwidth consumption."Internet traffic is already 80 percent video and has been growing at a 30 percent CAGR (compound annual…