Industrial Metaverse Growth Opportunities
Shifting the Metaverse Hype to a Manufacturing Reality
23-Dec-2022
Global
Market Research
PDC1-01-00-00-00
IT04654-GL-MT_27345
The central concept of the Metaverse is straightforward but intriguing: a persistent 3D world where an infinite number of people can interact with one another in real time. The term Industrial Metaverse refers to an always-on 3D environment where digital twins provide virtual replicas of the physical machinery, production line, vehicles, grids, and even cities and humans.
Forward-looking businesses are already using digital tools to build customer relationships and, to these businesses, the Metaverse will be a natural next step, offering improved capabilities through immersive experiences, live customer interactions, and personalization features.
Kay Issues Addressed
- What is the Industrial Metaverse?
- How is the Industrial Metaverse different from digital twins?
- What are the essential growth drivers and restraints for the Industrial Metaverse?
- Which technologies play an important role in enabling immersive and engaging three-dimensional (3D) environments for the Metaverse?
- What are the main findings from Frost & Sullivan’s 2022 IT decision-maker survey?
- Which application areas are the most impacted in the industrial sector? What are the emerging use cases?
- Who are the main participants in the Industrial Metaverse ecosystem?
- What are the primary growth opportunities in the Industrial Metaverse for ecosystem stakeholders?
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 Industrial Metaverse
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope
Definitions
Industrial Metaverse—An Overview
Digital Twins and the Metafactory
Growth Drivers
Growth Restraints
Metaverse Conceptual Framework
Digital Twins
AI
Blockchain
XR
Frost & Sullivan 2022 IT Decision-maker Survey
Investments in Immersive Technologies
Business Potential and Deployment Status for the Metaverse
Main Benefits for Joining the Metaverse
Key Performance Indicators to Measure the Success of Metaverse Adoption
Industrial Metaverse—Key Applications
Application Analysis—Simulation (Design to Delivery)
Application Analysis—Remote Collaboration
Application Analysis—Asset Management and Maintenance
Application Analysis—Immersive Learning
Application Analysis—Employee Onboarding
Application Analysis—Business Development and Data Monetization
Nvidia and Microsoft
Qualcomm and Siemens
Dassault Systèmes, Eon Reality, and Aveva
Growth Opportunity 1—Developing B2B Applications in the Metaverse
Growth Opportunity 1—Developing B2B Applications in the Metaverse (continued)
Growth Opportunity 2—Finessing Digital Marketing
Growth Opportunity 2—Finessing Digital Marketing (continued)
Growth Opportunity 3—Bringing Enterprises Closer to a Sustainable Reality
Growth Opportunity 3—Bringing Enterprises Closer to a Sustainable Reality (continued)
Growth Opportunity 4—Factories of the Future’s Need for New-generation Modelling Tools
Growth Opportunity 4—Factories of the Future’s Need for New-generation Modelling Tools (continued)
Growth Opportunity 5—Enabling Supply Chain Optimization
Growth Opportunity 5—Enabling Supply Chain Optimization (continued)
List of Exhibits
Legal Disclaimer
- Industrial Metaverse: Growth Drivers, Global, 2023–2028
- Industrial Metaverse: Growth Restraints, Global, 2023–2028
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