[About the Tech4SDG] 
 
The  Technology  for  Sustainable  Development  Goals  Alliance  for  Asia  (Tech4SDG 
for  short)  is  committed  to  many  aspects  such  as  increasing  engagement  in  society, 
facilitating industry-university-research (IUR) interaction, conducting  exchanges and 
communications  in  science  and  technology  and  studying  its  ethics.  It  also  deeply 
involves  in  the  development  of  standards,  the  compilation  of  industrial  case  studies, 
and  the  publication  of  the  subsequent  results  to  promote  sustainable  development  in 
Asia.  The  alliance  is  composed  primarily  of  technology  enterprises,  research 
institutions, think tanks, universities, experts, and scholars in Asia. 
 
 
 
 
[About SenseTime Intelligent Industry Research Institute] 
 
Relying  on  the  artificial  intelligence  technology  of  SenseTime's  massive  data  and 
supercomputing capabilities, it deeply cultivates AI industry practice and cutting-edge 
research,  and  participates  in  reports  and  researches  at  the  Ministry  of  Science  and 
Technology,  Ministry  of 
Information  Technology,  National 
Development  and  Reform  Commission  and  other  ministries  and  commissions  based 
on case results; Influential AI industry frontier think tank. 
 
 
 
For more information about us or to obtain the electronic version of this report, please 
visit the website www.sensetime.com/cn  or follow our WeChat Official account:  
 
Industry  and 
 
Contact Information: yangyan1@sensetime.com
 
Contents 
 
Foreword 
Conception 
Conception from a Technological Perspective: The Essence of the Metaverse 
Three Transitions from Traditional Internet to the Metaverse 
Transition 1: The transition in media access delivers a more immersive and natural 
HCI/HMI experience 
Transition  2:  The  conceptualization  of  digital  natives  (user  transition)  determines 
the future of the metaverse 
Transition 3: The Web 3.0 definition of data rights is likely to alter how platforms 
create value 
An Illustration of the Metaverse 
Creation 
Three Forces Integrating Virtuality with Reality that Create the Metaverse 
Creativity: Accelerating the creation of the virtual world 
Connectivity: Realizing the connection between digital and physical worlds 
Integration:  Pushing  the  integration  of  virtuality  and  reality  and  intelligent 
development of the metaverse 
The Three Infrastructures that Consolidate Metaverse Productivity 
Engine: A low-threshold and cross-terminal creation environment 
Algorithm:  Accelerating  "creation,"  achieving  "connection"  and  promoting 
"integration" 
Computing power: Supporting the massive computation of the metaverse 
Empowerment 
SenseMARS Mixed Reality Platform: Engine Infrastructure that Creates and 
Designs the Metaverse 
SenseMARS Avatar: "We/us" in the metaverse 
SenseMARS Agent: "They/them" in the metaverse 
SenseMARS Reconstruction: Digital reconstruction of the physical world 
SenseCore Universal AI Platform: Supporting the algorithms and computing 
power infrastructure of the metaverse 
Cases 
Case 1: Asia's "unmanned" help desk created by AEON 
Case 2: Zepeto - Custom avatars through rapid face molding 
 
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Case 3: AR Navigation at Suvarnabhumi Airport, Thailand 
Case 4: Watching games via AR interaction in a Japanese baseball stadium 
Case 5: Riyadh Season's immersive AR journey 
Case 6: Schwarzkopf - AR hair-dyeing trial 
Case 7: AR Digital cultural and creative platform 
Epilogue 
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II 
Foreword 
 
 
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If  2021  was  the  year  in  which  the  "metaverse"  became  a  widely  known  and 
understood  concept,  2022  is  the  year  that  the  notion  of  the  "metaverse"  will  receive 
recognition  and  affirmation.  In  just  two  years,  stakeholders  from  all  over  the  world, 
including  governments,  venture  capitalists  and  tech  giants,  have  spontaneously 
flocked to the idea of the metaverse, setting off a spectacular round of competition. 
Figure: Global Metaverse Investments, by Region, 2021-2025 (USD Million) 
 
Asia-Pacific countries, in particular, have given increased attention to their metaverse-
related  industry  development  planning.  Countries  like  China,  India,  Japan,  Korea, 
Singapore, Malaysia, Thailand, and Vietnam are actively promoting the metaverse as 
an emerging economy within their territories. Merging into the fast lane in 2022, they 
have  increased  their  investment  from  USD  78  million  in  2021  to  USD  351  million. 
According  to  estimates  by  McKinsey  &  Company,  by  2025,  metaverse  investments 
will reach USD 4.165 billion in the Asia-Pacific region, accounting for 22.5% of total 
global  investments,  with  an  investment  growth  rate  that  will  rise  by  128%,  far 
exceeding the global growth rate. 
Figure: Global Metaverse Market, by Region, 2020 VS 2030 (USD Million) 
 
The Asia-Pacific region accounts for 60% of the world's population, 47.4% of global 
GDP and 52% of global technology growth, so the metaverse, which benefits from its 
users' affinity for emerging technologies, has huge market potential to develop in the 
region.  According  to  the  estimates  by  McKinsey  &  Company,  in  the  Asia-Pacific 
region,  the  metaverse  market  will  reach  USD  31.13  billion  by  2030  at  a  compound 
growth  rate  of  62.2%.  A  metaverse  report  released  by  the  Analysis  Group  also 
 
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indicated that metaverse technology will contribute USD 3 trillion to global GDP over 
the  next  ten  years,  a  third  of  which  (i.e.,  USD  1  trillion)  will  come  from  the  Asia-
Pacific region. In other words, over the next ten years, every US dollar invested in the 
metaverse  industry  will  bring  about  an  economic  growth  of  USD  3.16,  a  return  on 
investment of over 300%. 
So,  what  is  the  metaverse?  How  is  a  metaverse  world  created?  As  an  AI  software 
company,  how  should  SenseTime  empower  the  creation  and  development  of  the 
metaverse,  both  in  the  Asia-Pacific  region  and  throughout  the  whole  world?  The 
White  Paper  "Metaverse:  The  New  Economic  Road  in  Asia-Pacific"  centers  around 
four chapters encompassing the conception, the creation, and the empowerment of the 
metaverse,  and  specific  cases  to  give  all  a  glimpse  into  this  newly  emerging  cyber 
world. 
 
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Conception 
Conception from a Technological Perspective: The Essence of the Metaverse 
Three Transitions from Traditional Internet to the Metaverse 
Transition  1:  The  transition  in  media  access  delivers  a  more  immersive  and  natural 
HCI/HMI experience 
Transition  2:  The  conceptualization  of  digital  natives  (user  transition)  determines  the 
future of the metaverse 
Transition 3: The Web 3.0 definition of data rights is likely to alter how platforms create 
value 
An Illustration of the Metaverse 
 
 
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