The Metaverse

A Future Prognosis

Athena @ Shaping Tomorrow

3 October 2022
Introduction
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Contents
User Guide
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Sources
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Twitter Searches
Web Searches
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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
  • A robust, immersive metaverse would be part of daily life for millions of people by 2040. ESRI
  • Montreal Conference 2022 Expects Large International Crowd, Open BIM has Advantages Over Closed BIM, New Testing Options Offered at Windsor's VR Cave, Digital Twins and Metaverse are Key to Transforming Infrastructure. GoGeomatics
  • NFTs represent an incredible opportunity to form strong communities and scale them globally, and NFT membership initiatives like Venusverse are encouraging women and diverse populations to get involved. KPMG
Weaknesses
  • While companies like Meta, Microsoft, Google, and Magic Leap are already selling virtual and augmented reality headsets, they have found limited use cases so far, and the experiences they offer still fall well short of the high-definition standards we have come to expect from digital entertainment. Singularity Hub
  • Nearly two billion people, globally, still do not have access to digital financial services - which could limit the potential of its metaverse participation. The Fintech Times
  • WeChat with more than 1.1 billion daily active users in China, has updated its rules: WeChat public accounts which involved in the issuance, trading and financing of crypto and NFTs will be limited function or banned. CoinTelegraph
Opportunities
  • At SIA, we see the metaverse as not merely the design of a parallel digital space but rather looking at opportunities where an integrated BIM environment, with the use of AR / VR in coordination and execution work can be adopted on a national level. worldarchitecture.org
  • Dubai Metaverse Assembly will contribute to the international efforts aimed at harnessing metaverse applications. The Fintech Times
  • Google says that it sees clear opportunities to apply Stadia tech to YouTube, Google Play, and augmented reality, and to share it with industrial partners. PCWorld
Threats
  • The Royal United Services Institute (RUSI), a security think tank, has highlighted that NFTs are most often purchased with cryptocurrency on online marketplaces - meaning that the AML risks associated with crypto should also apply to NFTs. ComplyAdvantage
  • In 2022, the US Treasury warned of the risk of NFT money laundering in the art sector. ComplyAdvantage
  • The NFT could be a sign that Islamic State and other terror groups may also be using blockchain technology to evade sanctions and raise funds for their terrorist campaigns. Decentralize.Today
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, application, 3D, advertising
Emerging
augmented reality, blockchain, 5G, app, artificial intelligence, 3D
Maturing
market, digital, brand, company, asset, marketplace
Declining
alien, asset, chip, culture, digital, emission
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
  • Washington will likely be the first state to issue overt guidance on the sales tax treatment of NFT's. TechRound
  • Starting in 2029, large parts of the population of the US and subsequently the EU were mobilized, using augmented reality and a temporary suspension of labor regulations to deploy solar panels, microgrids, charging infrastructure, and systems for carbon sequestration. FLI Worldbuilding Contest
  • Anti-Money Laundering (AML) Another important aspect that the Chinese government is particularly wary of is the money-laundering risks arising from NFTs. JD Supra
Economic
  • Dubai Metaverse Strategy aims to make Dubai one of the top ten metaverse economies globally by 2030. Gulf Business
  • After the closed beta run, Smilodo will prepare its Smilodo Mall space sale as a second NFT round in 2023. nationthailand
  • The global metaverse economy could grow to $13tr by 2030, with more than five billion users. The Global Legal Post
Social
  • There's even rumblings that CVS plans to build its own healthcare metaverse. Intelligent Automation Network
  • NFTs on the Ethereum blockchain are worth more than US$ 14 billion, which is up from US$ 340 million in 2020, and it is estimated to reach US$ 80 billion by 2025. it World Canada
  • The hype in the public space worldwide for metaverses has been growing, so analysts expect the amount of scams in metaverses to increase. Help Net Security
Technological
  • Thanks in large part to advancements in smart sensors and virtual and augmented reality, the demand for real-time asset monitoring will boost the overall value to $1,495.65 billion by 2030, at a compound annual growth rate of 22.6% from 2021. International Society of Automation
  • Nvidia spoke to the future of the metaverse, where avatars will become similar to browsers, forming a new level of human / machine interface. TechNewsWorld
  • Chinese buyers wanted in on NFTs, and a number of Chinese companies found a way: Tencent created a closed platform for digital collectibles - a term used in China to refer to NFTs - that could never be resold. #SixthTone
Financial Impact
The metaverse sector could reach a $5 trillion valuation by 2030, meaning traders will likely continue gravitating towards Decentraland over the longer term. Business 2 Community
The metaverse niche could value up to $5 trillion by 2030, making it one of the most lucrative areas within the cryptocurrency ecosystem. Business 2 Community
Thanks in large part to advancements in smart sensors and virtual and augmented reality, the demand for real-time asset monitoring will boost the overall value to $1,495.65 billion by 2030, at a compound annual growth rate of 22.6% from 2021. International Society of Automation
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
A prototype Augmented Reality Microscope (ARM) platform from Google was regarded as having the potential to speed up and democratize pathologists' adoption of deep learning capabilities globally. Mobility Foresights
Brands will need to find creators who best represent their world vision and integrate them as characters into their metaverse story. VentureBeat
Technological innovations across virtual reality, metaverse, quantum, and circular economy could contribute trillions of dollars of new value to the global economy. Capgemini Worldwide
Key topics
Extremes
Investigate what’s transforming or collapsing
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
Ultimately, Zynga's entry into P2 E and NFTs could breathe life into a space dominated by entry-level graphics combined with excellent tokenomics. CoinTelegraph
Thailand's cyberspace has emerged as a fierce domain of political contestation and, in the metaverse where people will most likely interact using avatars and modified voices, the spread of disinformation, ideological extremism, and malicious content, is likely to proliferate. The Diplomat
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
Analyst firms such as Gartner and Forrester already predict a world where NFTs will play a crucial part in enterprise strategies over the next few years. Dark Reading
Questions
Can?
How can we anticipate metaverse will be a thing in China? GMA
How can a Phygital NFT become an important digital asset in the future? 101 Blockchains
Cryptocurrency, NFTs, and smart contracts are staples of the blockchain scene, but is there something more that organizations can benefit from here? Informationweek
How?
How many Global Augmented reality microscope market are manufactured per annum globally? Mobility Foresights
What is the average cost per Global Augmented reality microscope market right now and how will it change in the next 5-6 years? Mobility Foresights
How are NFTs impacting the digital marketing world? MyChesCo.com
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 kind of skills and competencies will the media industry demand as we move into the so-called metaverse, the new Internet? ModularPhonesForum
What Is the Impact of NFTs on the Luxury Industry? Datafloq
What if external events could change the metadata attached to an NFT? Datafloq
When?
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
How will Meta, and other companies willing to take on the metaverse challenge, ensure companies and consumers their data is going to be kept secure when data breaches already frequent headlines? ECS Group
Will?
In what ways will Web 3.0 technologies (e.g., metaverse, NFTs, crypto, AR/VR, smart contracts, AI, blockchain) improve the workplace and enhance the employee experience? LinkedIn
Are blockchain, cryptocurrencies, and NFTs fads that will flame out in a few years, or are they here to stay? American Alliance of Museums
What will the metaverse customer experience look like? The Future of Customer Engagement and Experience
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