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Global Metaverse Growth Opportunities

Global Metaverse Growth Opportunities

A Transformative Mega Trend Drives the Future Growth Potential of the Multi-Billion Dollar Virtual Economy

RELEASE DATE
21-Jun-2022
REGION
Global
Deliverable Type
Market Research
Research Code: PD3D-01-00-00-00
SKU: IT04537-GL-MT_26652
AvailableYesPDF Download
$2,450.00
In stock
SKU
IT04537-GL-MT_26652

Global Metaverse Growth Opportunities
Published on: 21-Jun-2022 | SKU: IT04537-GL-MT_26652

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Description

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

Table of Contents

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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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
More Information
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