The Metaverse

A Future Prognosis

Athena @ Shaping Tomorrow

9 February 2023
Introduction
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Contents
User Guide
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Sources
RSS Feeds
Twitter Searches
Web Searches
Twitter Feeds
World Outlook
Main factors that cause something to happen globally
By 2026, Web3 technologies - such as digital twins, smart spaces, virtual and augmented reality, and advanced virtual assistants-will transform how people interact with the world. Forbes
Transition of the digital ecosystem to metaverse will push data usage by 20 times across the globe by 2032. The Hindu BusinessLine
By the end of 2022 in the world there will be 4-5 million sports fans that will purchase or receive collection digital sports artifacts for NFT-TOCEN. DEEPLA - Agricoltura Ecosostenibile e Green Economy
Global regions, coloured according to number of forecasts
SWOT
Strengths
  • Thai businesses should take advantage of the opportunities offered by Metaverse. archyde
  • GameFi will play a significant role in 2023 because of its symbiotic advantages with NFTs. Web 3.0 India
  • In-store smart technology enabled by the cloud network, such as smart mirrors, will also grow in popularity in 2023 as metaverse experiences continue to seep into our day-to-day lives. The Fast Mode
Weaknesses
  • Platforms like Reddit and NFT marketplaces provide a limited experience due to centralization, but if they could tap into human's natural desire for play and entertainment, the creation of a unified and gamified metaverse would be inescapable. VentureBeat
  • In 2023, many are concerned with whether workplace adoption of metaverse technologies will become commonplace. WalkMe Blog
  • Virtual reality and augmented reality are not just limited to the world of gaming and healthcare, they have the potential to revolutionize other industries as well. Hawkdive.com
Opportunities
  • 26 / Snap will launch an AR-enabled metaverse experience complete with a dedicated app store. Hype
  • 2023 will witness the creation of gaming metaverses rather than just Web3 games. FinancialExpress
  • In 2023, much of the planet will be introduced to a world where many of the visionary capabilities we have talked about for the last several years - from smart buildings to immersive metaverse reality-will start dramatically changing how we live. commscope
Threats
  • Cybersecurity predictions for 2023 - Cyber attacks will become even more prevalent in 2023, predict experts, with attackers not only going after cloud hosting services but also hacking the Metaverse. Information Age
  • Virtual assets based on non-fungible tokens (NFTs) will be a reckoning force to deal with in 2023 in the Web3 business space. Geek Culture
  • The use of semantic communication raises a security issue because attackers could send malicious semantic data with similar semantic information but different desired content to break Metaverse services and cause wrong output of AIGC. arXiv.org
Influencers
Countries
Cities
People
Organizations
S-Curve

A framework that describes a 4-phase level of maturity to help determine potential and inform innovation strategy.

Weak
augmented reality, app, artificial intelligence, 3D, application, advertising
Emerging
augmented reality, blockchain, 5G, artificial intelligence, market, 3D
Maturing
market, digital, brand, company, industry, metaverse
Declining
market, reality, alien, asset, chip, cost
Sentiment
Past Year: Stable
Compare changing sentiment to a benchmark of all forecasts
By 2026, Web3 technologies - such as digital twins, smart spaces, virtual and augmented reality, and advanced virtual assistants-will transform how people interact with the world. Forbes
Virtual reality and augmented reality are not new concepts but will revolutionize the world within 5 years. admin
PEST
Political
  • Offering support for digital assets, including custody services for crypto or NFTs, will become a new standard for financial services firms in 2023. Retail Banker International
  • In order to remain compliant, sports clubs and individuals who intend to deal with NFTs by way of a business from within the UK will need to register with the FCA under its anti-money laundering rules. Lexology
  • China Will Launch First National NFT Marketplace. Outlook
Economic
  • The effectiveness of NFT adoption by Starbucks could encourage other major brands to follow suit. 101 Blockchains
  • Metaverse real estate sales top $500 million, and are projected to double in 2023. PYMNTS.com
  • 75% of investors plan to maintain or increase their metaverse investments over the next five years. VentureBeat
Social
  • 2023 will witness the creation of gaming metaverses rather than just Web3 games. FinancialExpress
  • A metaverse conference, rather than a basic Zoom or Google Meet broadcast, might be a complete VR experience with appropriate networking and engagement opportunities, rather than simply another video call. Datafloq
  • Microsoft Mesh seems like a more logical evolution of video conferencing than the metaverse, which, with the help of Web3 evangelists, was touted as the future of social media where people will own property on which they would spend a significant amount of their time. Techpoint Africa
Technological
  • 28 / An AR-driven metaverse will be a bigger theme than virtual worlds in 2023. Hype
  • 26 / Snap will launch an AR-enabled metaverse experience complete with a dedicated app store. Hype
  • 12 / Adidas will follow Nike and acquire a metaverse platform. Hype
Financial Impact
Metaverse is being expected to be valued at $5 trillion by 2030, with an estimated $2 to $2.6 trillion impact specifically on e-commerce. Pobuca
The metaverse alone has the potential to generate $5 trillion in value by 2030, and the internet of things is expected to have an impact of $12.6 trillion. Daily Pakistan Global
Deloitte Analysis Metaverse's impact on GDP across Asia could reach US$ 1.4 trillion a year by 2035 if sustained investments are made. archyde
Click on the dots or the lines to see the connections
System Map
Organizations
Sectors
Cities
Countries
People
Scenarios
Creates plausible alternative futures of what can happen and encourages development of a robust, agile response
Between 4 million and 5 million sports fans globally will have purchased or have been gifted an NFT sports collectable by the end of 2022. Australian Financial Review
By the end of 2022, between four and five million sports fans globally will have purchased or been gifted an NFT sports collectable. Tech Monitor
The world's first NFT restaurant is not scheduled to open until 2023, but it's already generating a buzz among the most tech-savvy foodies. Lifestyle Asia Singapore
Warnings
Changing proportion of published forecasts
The pace and scale of bitcoin, ethereum and NFT adoption has taken some by surprise, with some warning they could now pose a risk to the global financial system as nation-states begin to experiment with digital assets. Coin24h.com
Crypto ventures and physical world entities will start to establish multi-language regional and even global corporate headquarters in different metaverses. LinkedIn
Solutions
Know how others are tackling issues with this topic
In 2023, much of the planet will be introduced to a world where many of the visionary capabilities we have talked about for the last several years - from smart buildings to immersive metaverse reality-will start dramatically changing how we live. commscope
Visitors will be able to experience new developments in artificial intelligence, virtual and augmented reality, and holograms, as well as the latest robotic advancements both in South Korea and throughout the world. Smithsonian Magazine
The global shutter could be used in applications such as drones, machine vision, barcode scanners and AR/VR / XR metaverse devices. IHS Electronics360
Key topics
Extremes
Investigate what’s transforming or collapsing
Ultimately, augmented reality has the potential to improve customer experience through enhanced product visualisation and increased convenience that will transform shopping around the world. Retail Technology Innovation Hub
A metaversity is a higher education institution recreated as a digital twin utilizing virtual reality in the metaverse (or at least the early iteration of what will ultimately become a full, global metaverse). eCampus News
Beyond headsets, we can expect to see new developments in full-body haptic suits, which are already used by organizations like NASA and SpaceX for simulating extreme environments but will also be used to create consumer metaverse experiences that are even more realistic and immersive. Forbes
What's Next
Changing proportion of material mentioning future years
Looking at the size of the digital economy that is powered by non-fungible tokens now, one thing is pretty obvious that in the coming years NFTs might completely change the way the world interacts on the internet. Interesting Engineering
Most executives across the globe say they expect a major or moderate impact from the following areas of fintech in the coming year: ESG, embedded finance, decentralized finance (DeFi), the metaverse and cryptocurrencies. Benzinga
Questions
Can?
For restaurants, the rise of a metaverse could well be seen as an existential threat - how can an industry that literally lives and breathes on people's desire to go out and socialise remain relevant in an entirely virtual world? bighospitality.co.uk
How can businesses use metaverse technologies to improve their operations and efficiency? WalkMe Blog
How can companies use metaverse technologies to improve operations and efficiency? WalkMe Blog
How?
What is augmented reality, and how is it being used in retail today? Retail Technology Innovation Hub
How is augmented reality being used in education? TechPrate
How will the widespread adoption of emerging metaverse technologies impact businesses in the future? WalkMe Blog
Who?
Will we be able to influence the digital overlords, gaming titans, and Web 3.0 innovators who are racing to build metaverses, so we get the ethics right? CNN
Who will Gain Through Metaverse App Development? DataDrivenInvestor
Who Uses Augmented Reality? Vxchnge
What?
What are the trends in augmented reality? Velocity Consultancy
If CES is a preview of what's to come, what are the implications of the metaverse and remote work for the print industry? Mopria
What is augmented reality, and what are its potential applications and implications? PriceBey
When?
If an NFT is sold as a means of raising capital to fund a future event or to fund the creation of a new taxable product, when does the sales tax transaction take place? Insight
Will 2022 be the year when augmented reality, virtual reality and mixed reality become widespread? zmzme
What lessons can the metaverse creators take from today's online world when designing their identity and authentication systems, and what will some of the unique challenges be? VentureBeat
Will?
In a world where augmented reality, virtual reality, and artificial intelligence are in an increasingly dominant position, to what extent will designers succumb to the promise of hi-tech wizardry versus the continued practice of craftsmanship and artisanship? worldarchitecture.org
What will the successful metaverse of the future look like? Cointelegraph Magazine
What technologies and devices will make the industrial metaverse a reality? Technology Record
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