Proceedings of the 2023 International Conference on Economic Management,Financial Innovation and Public Service (EMFIPS 2023)

Research on the Influencing Factors and Development of the Metaverse Industry

Authors
Lufan Zhang1, *
1School of Computer Science and Technology, Qingdao University, Qingdao, Shandong, 266071, China
*Corresponding author. Email: wenzi21u@126.com
Corresponding Author
Lufan Zhang
Available Online 21 June 2024.
DOI
10.2991/978-94-6463-441-9_21How to use a DOI?
Keywords
Metaverse; US-China Exchange Rate; CPI; P/E Ratio; BP Neural Network
Abstract

Metaverse has been closely watched by outsiders as a hot topic in recent years. In today’s increasingly mature traditional Internet market, the metaverse industry is seen by many Internet practitioners as a brand new track to break the deadlock, and with the added heat, both capital and technology are rapidly pouring into the industry. Therefore, it is particularly important for Internet practitioners to accurately grasp the current state of development of the metaverse and to anticipate its growth prospects in order to gauge the potential of the industry and to develop a market-adapted development policy. In this paper, we conducted a linear regression analysis of the stock prices of companies in the metaverse industry in China and the United States, focusing on the interpretation of the influencing factors using SPSS software, and also used BP neural network to predict the future stock trend, using the stock prices as the entry point to map the development status and future trend of metaverse side-by-side. The experimental results show that the current development status and prospects of the metaverse industry are relatively clear, and it is likely to become the next development direction of the Internet market.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 International Conference on Economic Management,Financial Innovation and Public Service (EMFIPS 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
21 June 2024
ISBN
978-94-6463-441-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-441-9_21How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Lufan Zhang
PY  - 2024
DA  - 2024/06/21
TI  - Research on the Influencing Factors and Development of the Metaverse Industry
BT  - Proceedings of the 2023 International Conference on Economic Management,Financial Innovation and Public Service (EMFIPS 2023)
PB  - Atlantis Press
SP  - 227
EP  - 238
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-441-9_21
DO  - 10.2991/978-94-6463-441-9_21
ID  - Zhang2024
ER  -