Artificial Intelligence is Set to Be a Key Driver in the Growth of the Metaverse, Anticipating a User Base of 1 Billion by 2030: Metaverse Post Report
In Brief
ABI Research anticipates tremendous technological advancements within the next few years will significantly influence the adoption of the metaverse, with potential revenues soaring to roughly $50 billion by 2030.
According to ABI Research Consequently, according to the insights from a global technology intelligence agency, the metaverse is on track for significant growth, particularly in the consumer segment, which has generally lagged behind its industrial counterpart. Projections suggest that by 2030, the consumer sector of the metaverse could generate around $50 billion.
Michael Inouye The Principal Analyst focused on Metaverse Markets and Technologies at ABI suggests it’s time to rethink our understanding of the metaverse.
Rather than simply being a new market, the metaverse represents a terminology that captures the ongoing transformation in market dynamics and industry trends.
Michael Inouye said
Facebook While the term 'metaverse' gained traction following a major rebranding campaign, the groundwork for this digital ecosystem was laid long before the name change occurred. Inouye underscores that AI AI serves as a crucial element in creating this interconnected digital landscape. Instead of overshadowing the metaverse, advancements in AI technology will enhance its development.
Metaverse’s Future Raising
Devices like Apple’s Vision Pro The remarkable potential of spatial computing is becoming evident through its advancements. These innovations are gradually blending traditional applications with immersive experiences. Moreover, upcoming technological breakthroughs like Wi-Fi 7 are set to improve access to immersive devices.
The realms of gaming and social media are also contributing significantly, innovating new business models centered around the ownership of digital assets. This evolution is reminiscent of the dramatic changes that swept through video streaming platforms.
Inouye beautifully captures the sentiment by stating, \"The shifts now favoring consumer control, the blending of industries within the 'Industry 4.0' era, the convergence of networks, and the progression of live-service gaming all point towards a future that resounds with the potential of the metaverse.\"
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