METAVERSE
METAVERSE
Gartner named the metaverse one of the top five emerging trends and technologies for 2022 . Global spending on VR / AR , the metaverse ' s foundation technology , is expected to rise from US $ 12bn in 2020 to US $ 72.8bn in 2024 .
“The convergence of AI , AR / VR , IoT and real-world data means the metaverse can be a strong enabler of what businesses are already trying to achieve ”
HARVEY LEWIS ASSOCIATE PARTNER AT EY of boxes on a screen ( so we can finally see how tall someone is virtually ), the reality of the metaverse gives us the impression of connecting physically , as well as virtually , with our colleagues ,” says Lewis .
Digital twins creating near real experiences Not only will the combination of IoT , XR and IoT augment and amplify the immersive experience , it will also allow technologists to create digital replicas
With AI and XR , IoT has the ability to provide innovative use cases and highly immersive experiences through digital avatars and digital twins . Without this technology , the metaverse would not be able to render immersive experiences and the near-real feeling .
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