A new report from McKinsey shows that the metaverse could create up to $5 trillion in value by 2030. But the success of new technologies depends on maximizing the human experience.It means that we can deliver “A positive experience for consumers, end-users and citizens.”
“Metaverse” has become something of a buzzword in the past year since NFTs became known to the public. But as a product in development, it is little understood. No one knows how it will turn out. Still, many experts expect the metaverse to play a major role in our lives over the next 20 years.
And this is why many of the top companies have poured billions into the Metaverse project to gain an edge.
by mckinsey reportthere are many consumer and business-centric use cases that the metaverse can address.
The report highlights that four technology enablers are needed for the metaverse to reach its full potential. These include promoting devices, interoperability, open standards, and platforms and development tools. In terms of devices, it includes augmented/virtual reality, sensors, haptics, and peripherals.
Since this new technology is still in its infancy, most initiatives are focused on marketing, learning, and virtual meetings.However, some are more successful than others and this attracts many Skeptic.
Still, the report states: “The metaverse is too big to ignore.” And it can affect our commercial and personal lives.
Another area where the metaverse will impact is the dating scene. A recent survey found that single people on dating sites love the idea of dating on the metaverse. Dating.com said: “Dating app technology and advances in the metaverse are making more daters open to making connections across different cities, countries and even continents.”
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