ANALYZING THE KEY DRIVERS OF METAVERSE ADOPTION IN INDIA USING THE BEST-WORST METHOD

The study employs the Best-worst method (BWM) to analyze the factors influencing metaverse adoption in India. BWM is a Multi-Criteria Decision-Making (MCDM) technique that systematically prioritizes criteria by comparing the best and worst elements within a set of options. This study effectively identifies and ranks the key drivers of metaverse adoption based on expert opinions and extensive literature reviews. The analysis begins with the identification of relevant factors and their sub-factors, encompassing utilitarian, social, personal, and hedonic aspects. Through the BWM, the research quantifies the importance of each factor, revealing a hierarchical structure that highlights the predominance of utilitarian benefits over other dimensions. The results provide a robust framework for future research in similar contexts. Ultimately, the findings accentuate the need for tailored strategies to stimulate metaverse engagement among Indian users.

Publication Details

Journal
Journal of Content Community and Communication
Published
2024-12-27
DOI
https://doi.org/10.31620/jccc.12.24/02
Primary Topic
Virtual Reality Applications and Impacts
Type
article
Field-Weighted Citation Impact
0.00
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article

ANALYZING THE KEY DRIVERS OF METAVERSE ADOPTION IN INDIA USING THE BEST-WORST METHOD

Journal of Content Community and Communication
Virtual Reality Applications and Impacts
article

ANALYZING THE KEY DRIVERS OF METAVERSE ADOPTION IN INDIA USING THE BEST-WORST METHOD

article en

Abstract

The study employs the Best-worst method (BWM) to analyze the factors influencing metaverse adoption in India. BWM is a Multi-Criteria Decision-Making (MCDM) technique that systematically prioritizes criteria by comparing the best and worst elements within a set of options. This study effectively identifies and ranks the key drivers of metaverse adoption based on expert opinions and extensive literature reviews. The analysis begins with the identification of relevant factors and their sub-factors, encompassing utilitarian, social, personal, and hedonic aspects. Through the BWM, the research quantifies the importance of each factor, revealing a hierarchical structure that highlights the predominance of utilitarian benefits over other dimensions. The results provide a robust framework for future research in similar contexts. Ultimately, the findings accentuate the need for tailored strategies to stimulate metaverse engagement among Indian users.

Journal of Content Community and CommunicationVol. 21
Peace, Justice and strong institutions
Openalex Percentile: Top 49%
Virtual Reality Applications and Impacts
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