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Metaverse- A dive into the virtual world

Regions Covered: Global

Target Sectors: Retail, BFSI, Manufacturing, Automotive, Technology

Report Coverage:

Comprehensive overview of Metaverse across various industries 

Metaverse Overview and Growth Trajectory: Metaverse would grow at a strong CAGR of 44.3% from 2022 to 2030

Transformational use cases and talent to drive Metaverse forward: Major use cases such as Hyper personalized digital shopping experience in Retail, AR/VR-based immersive training, and 3D digital twins would evolve in coming years having moderate to transformational impact on businesses 

Key Factors to Evaluate Metaverse Development: Decentralization, Interconnectivity & Interoperability, and Safety & Trustworthiness would be the deciding factor for Metaverse success.

Metaverse Ecosystem: Network Computing, Hardware Interface, Virtualization Tools, Experiences, and NFT will be the key areas in which major companies and start-ups are working.  

Major Tech Giants Working on Metaverse Development: Meta, NVIDIA, Microsoft, Epic Games, and Roblox Corporation are the major giants building the Metaverse Ecosystem.

Major IT Service Providers for Metaverse Specific Services: Accenture, Wipro, TCS, Infosys, and Tech Mahindra are gearing up by creating new themes and digital expertise to serve Metaverse specific use cases.

Start-up Ecosystem: Metaverse start-ups are at the forefront of transforming the digital world with immersive experiences in the future. For example, Haptx is providing a hardware ecosystem to collaborate and communicate in the Metaverse by designing gloves that displace skin the same way a real object would.

Why should you read this report?

The report is an indispensable ‘quick guide’ providing a holistic view of key component of the Metaverse along with use cases and their maturity potential in the coming decade.

Metaverse- A dive into the virtual world - Refract Consulting

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