How will the Metaverse change our lives?

metaverse. A world of possibilities. A world of exploration and excitement. It is also a world of enormous economic opportunity.According to Bloomberg Intelligence, the metaverse market is $800 billion over the next five years.

By the end of the decade, that number could reach $2.5 trillion globally.

Social networking, gaming, and other entertainment-related activities will undoubtedly make up this market. But that’s just the beginning of what this technology can do. In fact, the metaverse has many possibilities for different uses.

And that is what we are going to explore today.

Health care

Look at the Metaverse Roadmapwe can find four specific technologies that make up the metaverse: lifelogs, mirror worlds, virtual reality, and augmented reality.

The last one is already making waves in the healthcare industry. For example, a research team in Seoul has developed a spinal surgery platform that helps perform surgery using an augmented reality headset.

The system projects a 3D image of the patient’s spine into the surgeon’s field of view. This allows for more precise procedures and may also aid in training new surgeons.

real estate

For realtors, AR and VR offer new possibilities for home sales.

For example, a potential homebuyer can put on an AR headset and “walk” a property without stepping inside.

This is especially useful for people (such as celebrities and millionaires) who buy invisible homes.

There is also an emerging virtual real estate market. For example, there is Sandbox, a blockchain-based game that allows a user to purchase parcels of land in the Metaverse at a price from his 1 ETH.

Superstars like sports stars, venture capitalists and Snoop Dogg Everyone bought land in the sandboxIt is therefore clear that there is a market for virtual real estate.

education

around it 9 out of 10 students worldwide Interrupted by the pandemic. But teachers and students alike are adapting to new distance learning styles.

The metaverse fills that role. For example, VR can be used to create field-based learning simulations. This allows students to experience different environments without leaving the classroom.

manufacturing industry

At this very moment, we have offered several companies training their employees on how to use, maintain and repair equipment with VR headsets.

For example, training JetBlue technicians on real airplanes is not only expensive and complicated, but also potentially dangerous. The company has partnered with VR software creator Strivr to use the headset.

The US military also uses this type of training. In fact, the Army Research Lab is considering using VR to teach soldiers how to identify and disarm improvised explosive devices.

At the end

These are just a few examples of the different kinds of applications in the metaverse. The truth is that the possibilities are endless.

And as the technology becomes more accessible, it’s only a matter of time before we see more innovative uses.