Metaverse: Fact or Fiction?

With a market estimated to reach $800 billion by 2024 and $13 Trillion by 2023, the metaverse has the power to transform industries. The metaverse is a journey, but the foundations are here today. Multiple dimensions of technology, commerce, risk and community will evolve to form what the metaverse will be. Each dimension will mature over time, presenting new opportunities and challenges where business leaders must develop robust strategies to compete. Organizations that address the innovation potential now will be well positioned to harness the opportunities it will unleash.

Key Takeaways: 

  • The metaverse is a journey whose destination is unclear, but the imperative to act is urgent.
  • Digital assets will underpin user-driven economies in the metaverse.
  • Opportunities to leverage immersive three-dimensional experiences will exist without a dependency on Web 3.0.
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