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A Deep Dive into the Metaverse: Understanding the Future of Digital Reality

Ødraup A A Deep Dive Into The METAVERSE 31.4 % 28.3 % Meta 21.9 % 7.8 % 5.0 % 3.6 % The Metaverse Industry and its associated services are expected to be worth USD 700 Bn by 2030 By Industry ( 2021 ) FUTURE OF THE METAVERSE : AN INDUSTRY OVERVIEW USD 38.9 2021 2022 CAGR 39.4 % 2021-2030 Metaverse has become a powerful trend sweeping almost every industry including retail , BFSI and more Hardware • Sensors . .AR / VR Kits • Haptic Devices BFSI METAVERSE Microsoft draup GLOBAL METAVERSE MARKET SHARE Media and Entertainment Retail Education Social Engagement Virtual Events • Personalised Marketing • Virtual Gaming USD 47.5 Others Automotive Blockchain AR / VR North America 71.9 % AR / VR Product Design and Devp . • AR / VR - based Prototyping • Digital Twin Collaborative Product Design APPLICATION Network Connectivity 5G and Wireless Network Management • Network Slicing KEY PLAYERS NVIDIA . ROBLOX KEY TECHNOLOGIES 5G Network SG Maintenance AR / VRAI / ML Virtual Economy • Virtual Object Trading • Metaverse Marketplace • NFT & DeFi South America 1.1 % • Avatar Development • Virtual Spaces Devp META //// VERSE BREAKING DOWN THE METAVERSE ECOSYSTEM AR / VR • Holograms • Extended Reality • User Perception Personalisation • Holograms • Visual Representation • Personalised Gaming USD 678.8 Europe 10.3 % 2030 Blockchain • Cryptocurrency • Digital Assets • Data Interoperability DIGITAL TWIN • Custom Development • Game / Animation Design loT • Autonomy of Avatar • Image Processing • Scene Understanding OF METAVERSE MEA 1.7 % By Application ( 2021 ) TECHNOLOGIES Social Media WARE & INFRA BLOCKCHAIN Crypto Wallets Payment Gateways Content Creation Others Advisory & Consulting KEY GROWTH DRIVERS SERVICES • Rise in the M & E consumption • Global Business Digitalization • Cryptocurrency and NFT - powered future Emergence of Digital twins Growing Investment in Virtual Worlds unity Snap Inc. Conference METAVERSE ACROSS THE WORLD : REGIONAL INSIGHTS Gaming Online Shopping 10.3 % WHAT'S IN IT FOR SERVICE PROVIDERS Cloud TIOT AI / ML • Autonomy of Avatar • Image Processing • Scene Understanding 45.6 % 20.6 % Software Testing 13.5 % TECHNOLOGY APAC 15 % Security • Threat Management • Ethical Design • Network and Device Penetration Testing CLOUD • Virtual Event Platform • Game Development Platform 5.8 % 4.2 % Cloud • Data Governance • Distributed Computing B AL / ML App Development • Targeted Marketing Application Maintenance To learn more , visit www.draup.com

A Deep Dive into the Metaverse: Understanding the Future of Digital Reality

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Explore the fascinating world of the metaverse with this comprehensive infographic from Draup Sales. Discover how virtual worlds and digital assets are transforming the way we live, work, and interact...

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Draup

Category

Technology
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