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A Transformative Mega Trend Drives the Future Growth Potential of the Multi-Billion Dollar Virtual Economy
21-Jun-2022
Global
Market Research
PD3D-01-00-00-00
IT04537-GL-MT_26652
The metaverse refers to an interconnected network of shareable and persisting virtual worlds. End users experience a sense of social presence and spatial awareness in a three-dimensional virtual space and participate in an extensive virtual economy. The term “metaverse” was coined in 1992, but the technology necessary to realize the concept did not exist then.
This Frost & Sullivan study comprehensively analyzes the global metaverse industry, including its evolution from a concept to a bold bet, and identifies key technology components that constitute the metaverse architecture. It highlights developmental directions for the near future and notable ecosystem participants (vendors), specifically discussing their focus and product priorities. It also assesses emerging application opportunities across sectors with real-world use case examples. Growth opportunities for market participants such as developers, service providers, and solution providers are included in the study.
Author: Kiran Kumar Vijaya Kumar
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Metaverse Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Research Scope
List of Definitions
Next-Generation Computing Platform
The Significance of the Metaverse
The Origins of the Metaverse
Deconstructing the Metaverse
Technology Architecture
Development Stages of the Metaverse
Growth Drivers
Growth Restraints
Key Participants
The Big 4—Microsoft
The Big 4—Meta (Formerly Facebook)
The Big 4—Google
The Big 4—Apple
Virtual World Platforms—Cryptocurrency-based and Others
Metaverse Market Trends
PACE—Prioritized Application Areas for the Metaverse
PACE—Prioritization Explained
Use Case Examples—Automotive and Education
Use Case Examples—Media and Retail
The Metaverse Opportunity for Businesses
Growth Opportunity 1: Developer Economy
Growth Opportunity 1: Developer Economy (continued)
Growth Opportunity 2: Expanded Capabilities of Service Providers
Growth Opportunity 2: Expanded Capabilities of Service Providers (continued)
Growth Opportunity 3: Addressing Ethical Challenges
Growth Opportunity 3: Addressing Ethical Challenges (continued)
Legal Disclaimer
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A tailored session with you where we identify the:- Strategic Imperatives
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Impacting your company's future growth potential.
| Deliverable Type | Market Research |
|---|---|
| Author | Kiran Kumar Vijaya Kumar |
| Industries | Information Technology |
| No Index | No |
| Is Prebook | No |
| Podcast | No |
| WIP Number | PD3D-01-00-00-00 |
Global Metaverse Growth Opportunities
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