The Metaverse

A Future Prognosis

Athena @ Shaping Tomorrow

27 July 2024
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
Nearly 75% of the global population is estimated to adopt frequent augmented reality technology by 2025 for shopping purposes.
Given the proliferation of smart devices and lower-than-ever barriers of entry in a global service economy, the war for attention in the digital world has only just begun, and metaverse experiences, despite their 3D realistic nature, will compete for digital mindshare. MIT OpenCourseWare
As VYUG takes the lead in Dubai's metaverse revolution, it will promise to redefine the global digital landscape. The Hindu
Global regions, coloured according to number of forecasts
SWOT
Strengths
  • The burgeoning crypto, blockchain, and metaverse ETF landscape in Hong Kong presents a wealth of opportunities for both investors and ETF issuers. Global Financial Martket Review
  • In 2024, cybersecurity measures in metaverse gaming are projected to become more robust, with two-factor authentication and biometric verification becoming standard.
  • Computer vision will soon see a major surge in popularity and become mainstream as companies like Apple and Meta continue to innovate in the spaces of Augmented Reality and Virtual Reality. The Teen Magazine
Weaknesses
  • As the push to improve health equity in the United States continues to shape the healthcare landscape, remote training in metaverse settings such as AR/VR has the potential to support underserved areas of the country that have limited access to medical resources. Forbes
  • In 2024, NFTs are expected to not be limited to digital art, as in the past, but will extend to various representative industries such as fashion or music. Predict
  • Given that every asset, process, or person within and related to an enterprise will be replicated virtually, and connected, enterprise metaverses will enable employees to gain real-world product design experience and training from their desks as they manipulate 3-D digital replicas of equipment. Mint
Opportunities
  • Both employers and employees are optimistic about the impact new technologies, such as artificial intelligence, augmented reality and virtual reality will have on their workplace - even though decision makers feel more optimistic than staff. Training Journal
  • Early 2024 is likely to see more advanced NFT applications, combining real-world utility with digital assets, which could lead to mainstream adoption. The Crypto
  • In 2024, more games are expected to use NFTs, giving players more control over their assets and making gaming more rewarding. DxTalks, Digital Leaders Platform
Threats
  • 5G will increase technologies like Artificial Intelligence, big data & analytics, cloud, security, Augmented Reality / Virtual Reality, robotics, and Internet of Things by generating US$ 25.5 billion in revenue in Brazil by 2025. International Trade Administration | Trade.gov
  • One year after the revolt at Google, an uprising by Microsoft employees threatened to halt work on a $480 million project to build an augmented-reality platform for soldiers in the U.S. Army. Washington Post
  • FORCE Technology's upcoming DEN-Mark 2 mathematical model release for its augmented reality SimFlex4 tug and ship simulator will offer unprecedented model accuracy as well as enhanced line forces calculations for pilot training undertaken at Smartship Australia. MarineLink
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, artificial intelligence, app, application, 3D, advertising
Emerging
augmented reality, blockchain, market, artificial intelligence, 5G, app
Maturing
market, digital, brand, company, industry, asset
Declining
market, reality, alien, asset, capital, chip
Sentiment
Past Year: More Positive
Compare changing sentiment to a benchmark of all forecasts
Nearly 75% of the global population is estimated to adopt frequent augmented reality technology by 2025 for shopping purposes.
Imagine a world where screen technology transitions from handheld devices to wearable glasses, leveraging augmented reality, virtual reality, and extended reality (XR) for an immersive experience. Capacity Media
PEST
Political
  • The Asia Pacific region is expected to experience the highest growth rate, driven by the rise of esports and local gaming giants' increasing investment in Metaverse development.
  • Looking ahead, the growth of crypto, blockchain, and metaverse ETFs in Hong Kong will likely attract increasing attention from local and international investors. Global Financial Martket Review
  • With several Southeast Asian nations already having some of the world's highest NFT adoption rates, regional users' fears of missing out are sustaining key cryptocurrency trends regardless of the potential dangers.
Economic
  • A report from Fortune Business Insights (via Analytics Insights) expects NFT-based Web3 games to generate an astounding $614 billion in revenue by 2030, a near-threefold increase from 2023. Forbes
  • Axie Infinity has already generated $4 billion in sales volume, showing the potential of NFTs in gaming. NFT Evening
  • NFTs are projected to generate $2.378 billion in revenue in 2024, and expand into new and diverse sectors. CCN
Social
  • By 2026, 25% of the global population will spend at least one hour a day in the Metaverse for the purposes of either work, shopping, education or entertainment. European Law Blog
  • Approximately 700 cities will develop metaverse infrastructure and leverage it for eGovernment services, tourism, and remote work by 2030. Yahoo Finance
  • Nearly 700 cities will have some kind of a metaverse infrastructure by the year 2030. Gadgets 360
Technological
  • Virtual and augmented reality will be used at the Paris 2024 Olympics to enhance the spectator experience, provide immersive training simulations for athletes, and offer interactive experiences for fans and viewers. Business Case Studies
  • In broadcasting, virtual reality and augmented reality (AR) technologies are expected to offer immersive viewing experiences for audiences worldwide. Business Case Studies
  • Smart cities and buildings will be designed, and augmented reality and virtual reality devices will be used to communicate globally. Dawn Epaper
Financial Impact
With a projected value of US$ 5 Trillion by 2030, and with 79% of consumers active on the Metaverse making a purchase, it's impossible to ignore. GfK
The global metaverse industry is projected to have a value of US$ 142 billion at the end of 2023, increasing to more than US$ 1.5 trillion by the turn of the decade. Forkast News
Metaverse technology can generate economic value in the range of $2 trillion to $2.6 trillion by 2030. 101 Blockchains
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
Universities are like deer in the headlights in the face of an artificial intelligence revolution that will transform their world, while they may also need to consider creating metaverse campuses as AI brings personalised learning at scale. Times Higher Education (THE)
Global sportswear brand Nike will soon release its first non-fungible token (NFT) sneaker collection on its recently launched. CoinDesk
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 changing how we live. BusyContinent
Warnings
Changing proportion of published forecasts
In five years, 40% of enormous associations overall will utilize a blend of Web3, AR cloud, and computerized twins in metaverse projects pointed toward expanding income, examination and warning firm Gartner anticipated Monday at its IT discussion in Orlando, Fla. Newz Hook | Disability News - Changing Attitudes toward
The FBI is warning about fraudsters posing as Non-Fungible Token developers to deceive NFT enthusiasts and steal their cryptocurrency and NFT assets. Cyber Fusion Center | Threat Intelligence Solution Comp
Solutions
Know how others are tackling issues with this topic
Augmented reality offers the potential to introduce new gameplay modes, track scores, and even compete with players around the world, taking the Nerf gun experience to unparalleled heights. Get Droid Tips
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
Key topics
Extremes
Investigate what’s transforming or collapsing
The Metropoly platform, as the world's first NFT real estate marketplace, revolutionizes the entire process of investing in real estate, and crypto experts predict an extremely successful future for its native METRO token. The Tech Report
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
What's Next
Changing proportion of material mentioning future years
The hard evidence of consumer adoption or engagement will likely emerge over the next three years when and if the metaverse-enabling technologies mature, Global Data anticipates. FoodNavigator.com
The number of virtual reality devices, augmented reality (AR) devices and intelligent autonomous vehicles are expected to rapidly increase in the next decade, leading to a substantial growth in global data traffic 1, 2. Nature
Questions
Can?
How Can AI And Metaverse Converge In Web3? CCN
Can Augmented Reality Be the Future of Cybersecurity? IT News Africa | Business Technology, Telecoms and Star
Has always been a fun concept, but can it actually be transformed into a worthwhile augmented reality showpiece? Engadget
How?
How is the Global Smart Augmented Reality (AR) Glasses Market expected to evolve by 2030? Yahoo Finance
How will NFT's empower people and society in the future? Harvard Business Review
How has virtual reality been integrated in the radiology domain with other inno-vative technologies (e.g., robotics, artificial intelligence, and augmented reality)? MDPI
Who?
Who is Investing in Augmented Reality? StartUs Insights
Who Is the Apple Vision Pro Augmented Reality Headset For? How-To Geek
Gather with friends for a glimpse into the future, working as a team, taking on challenges and facing judgement together to see who is destined for life as a door-to-door NFT salesperson? UK Tech News
What?
What role will NAND flash memory play in addressing the storage requirements of emerging applications such as virtual reality and augmented reality? Mobility Foresights
What role will virtual and augmented reality play at the Paris 2024 Olympics? Business Case Studies
What are the primary factors driving the growth of the global augmented reality head-up display (HUD) market? Mobility Foresights
When?
When - and in what key industries - will 5G and augmented reality's promise show? Buzzsprout
What happens when the virtual reality avatars and metaverse spaces no longer appeal only to game nerds but are used by terrorists as training camps or perimeters to plot attacks? Lawfare
Is there a point when dealing with cryptocurrency's regulatory and tax headaches no longer makes sense to NFT exchanges and creators? ZenLedger
Will?
Will a next-generation fighter include an augmented reality cockpit? Royal Aeronautical Society
In what ways will augmented reality and virtual reality be integrated into smartphone technology to enhance user experiences? Smartphone Magazine
Will augmented reality transform room service? Sherpera Consulting
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