Metauniverse relies on both content and ICT technology, both of which are indispensable
The industrial chain of the content party involves the content creator, curator and developer: the content creator provides various contents for the virtual world or the Internet; The curator associates the contents of each meta universe with users through creative ideas, resource integration, user algorithms, etc; The content development system is often integrated with the curator to provide assistance for creators in content production and management.
The technical support party involves distributed platform, terminal / interaction, and underlying technical support: distributed support provides distributed finance, distributed computing, distributed storage, distributed management and other assistance for the Internet / virtual world; Terminal / interactive support is the entrance for users to enter the meta universe; The underlying technical support includes but is not limited to chips, various semiconductor processes, software / algorithms, operators’ basic networks and other basic construction facilities.
The demand of meta universe popularization for ICT technology reform may exceed expectations
The vigorous layout of the meta universe of overseas giant Internet companies has given a boost to the development of the meta universe. The seamless integration or synergy between the virtual world and the real world must be the trend of future scientific and technological development. To some extent, the industrial form related to the meta universe is the only way for the development of the next generation of Internet.
The development of metauniverse relies on content to enrich the perception of virtual world. At the same time, due to its characteristics of high bandwidth, large capacity and strong interaction, it must put forward higher requirements for communication technology. Without a good highway, no matter how good the car is, it is difficult to fly. The cornerstone of communication facilities will also be one of the key directions of relevant investment in metauniverse in the future.
Investment suggestion: meta universe application opens a new space for ICT infrastructure investment
We believe that metauniverse is the key application direction of 5g and even higher-level communication, and the development trend is clear; Benefiting from the accelerated implementation of meta universe, ICT infrastructure construction, especially optical network and IDC infrastructure, is expected to usher in new development opportunities:
Recommended target: ICT equipment manufacturer Zte Corporation(000063) (000063); IDC Shanghai Athub Co.Ltd(603881) (603881), Beijing Sinnet Technology Co.Ltd(300383) (300383), optical modules Zhongji Innolight Co.Ltd(300308) (300308), Eoptolink Technology Inc.Ltd(300502) (300502), Suzhou Tfc Optical Communication Co.Ltd(300394) (300394).
Risk tips
Industry application development is less than expected risk: Sino US technology friction makes the development of electronic / computer / communication and other fields less than expected risk; The yuan universe is affected by policy uncertainty.
