Industrial Metaverse Growth Opportunities

Industrial Metaverse Growth Opportunities

Shifting the Metaverse Hype to a Manufacturing Reality

RELEASE DATE
23-Dec-2022
REGION
Global
Deliverable Type
Market Research
Research Code: PDC1-01-00-00-00
SKU: IT04654-GL-MT_27345
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Description

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.

Table of Contents

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

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.--BEGIN PROMO--

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

More Information
Deliverable Type Market Research
Author Kiran Kumar Vijaya Kumar
Industries Information Technology
No Index No
Is Prebook No
Keyword 1 Industrial Metaverse Market
Keyword 2 Metaverse Market
Keyword 3 Commercial Metaverse
Podcast No
WIP Number PDC1-01-00-00-00