Top 10 METAVERSE Trends To Lookout For In 2023 And Beyond!
Read about the top 10 trends of metaverse one must look after before 2023 hits in!
As the new technologies evolve, Metaverse witnesses various trends emerging around itself. Many big companies and firms have started to invest large capital into this segment, as soon as they started realizing the true potential of metaverse.
The exemplary use cases and benefits it offers seemed totally unbelievable at the start, however when several tech heads dogged down the rabbit hole, they found various utilities that could be put to good use and increase the efficiency of the current working operations.
Metaverse is a bigger bracket that holds down many other concepts under it. Each of them plays a vital role in the segment and aims to streamline and ease the workflow.
Metaverse will certainly change the way technology is used in the future. Therefore, staying up-to-date on the latest metaverse trends can be a significant advantage.
Let us see the latest trends in the growing frontier of the metaverse;
TOP 10 TRENDS OF METAVERSE TO FOLLOW;
01. VR and AR in gaming
The virtual gaming industry relies heavily on 3D technology. AR and VR assemblies, and sonic systems are the essential elements of the industry. As the Metaverse has grown exponentially, these technologies have become more valuable and relevant to the current market.
In the previous year 2021, according to the statistic report the AR and VR headset market had seen a growth of 60.8% and shall continue to grow in the coming years. So, investing in AR and VR segment will be a good choice in the coming year 2023.
02. Events occurring in the metaverse
The craze for Fortnite events in the virtual sphere has increased since the past. There is a possibility that Metaverse could generate US$800 billion through live events and advertising.
Online game makers and gaming hardware may command a market share of more than $400 billion by 2024, while opportunities in live entertainment and social media will make up the rest.
Over 75,000 sales of the Decentraland’s pieces of land have been sold, in order to host the events virtually and have generated nearly US$25 million.
03. An era of programmability
Our ability to manipulate and control the world is increasing as it becomes increasingly computerized. In the past, whenever our cars faced any issue, we had to alter their physical mechanisms, such as the engine, brakes, or gearboxes and then we would know what the issue was.
However today with modern technology, we can diagnose faults and tune their performance using a computer.
The technology has extended to not just cars but to our daily household appliances, including living room lights and bathroom heaters.
It is even possible to design medicines and vaccines to target specific diseases or to be effective in people with a particular genetic predisposition.
With such a significant growth of programmability and accessibility, investing in this sector will be a viable choice.
04. Popularization of Metaverse Avatars
Avatars are also becoming more popular in the metaverse. There are many different types of avatars available at the moment. These avatars range from 2D avatars to photorealistic forms that appear almost exactly like real people.
Over time, all of the company’s products will support these avatars. Many big firms look forward to integrating this trend in their organization for various purposes.
Meta; is known for its highly detailed and nearly photorealistic avatars. With the aid of AI technology, Microsoft also tends to create avatars that are suited to a business environment by incorporating responsive animation.
05. Motion Tracking
Metaverse has the ability to bridge the gap between the virtual and real worlds. One of the most notable examples of this is motion tracking.
It is inevitable that virtual and real will merge in a generation in which there will be no difference between the two.
In other words, we will be able to occupy both real and virtual places simultaneously. For this landscape to be possible, tracking technology needs to be more powerful and motion tracking every movement and gesture will help do it smoothly.
06. 3D Digital Twin Technology
Another force that is transforming the way businesses operate and how consumers interact with the built world is 3D digital twin technology.
The technology produces an accurate 3D virtual model of a building or space. As a result, businesses will be able to create exact same replicas of physical locations, which can then be operated independently.
While consumers can try on clothes virtually and check out new shops before they open, using digital twin technology. They can even visualize and confirm whether new furniture would fit before making a purchase for the home, all from the comfort of their couch.
Isn’t it just amazing? Let’s wait for the new arrival of this trend by 2023!
07. NFT Crypto Projects
Digital entities and assets are usually easy to copy. It is impossible to reproduce a text file in any way that differs from the original. But NFTs are unique digital items as they are tied to the blockchain, which makes it one-of-a-kind.
The use of NFTs in crypto projects is widespread. There is a flourishing market for NFT land sales in metaverse virtual worlds such as Decentraland. In addition, Axie Infinity allows users to cultivate or sell virtual animals through unique NFTs.
08. Cloud computing
Metaverses will increasingly require cloud computing tools to process, store, and analyze data generated on platforms due to their immersive and ubiquitous nature. Having poor user experience or struggling to scale will prevent a metaverse platform from succeeding.
Recently in March 2022, Nvidia launched the Omniverse Cloud, a suite of cloud services that gives artists, creators, designers, and developers access to Omniverse for 3D design collaboration and simulation. It has gained wide popularity since its launch and continues to loop in audiences from around the world.
09. Virtual Art Galleries
With NFTs, digital assets, and blockchain technology growing in popularity, digital art shouldn’t come as a surprise. Metaverse’s virtual art galleries are considered one of the most widely adopted industry trends, with a market value of US$2.4 billion.
It is a new kind of immersive space where artists and digital creators can showcase their NFT exhibitions for collectors and art lovers can experience a sensational virtual environment.
10. Data science
The Metaverse will capture a large amount of data. Even though the Metaverse is based on distributed technologies such as blockchain, the data captured will be aligned with the user’s experience altogether without hindering the privacy issues of users.
In the world of Metaverse, studying the next generation of data engineering has become a key trend in education. Investing in this segment will anyhow prove to be a wise choice. As data is categorized to be the new oil of all industries and growth of each industry means growth of data.
Metaverse seems to hold great potential in transforming the face of almost all industries and bringing in unbelievable technologies and trends that come in handy with more effectiveness and comfort.
Perhaps, it is important to stay on top of the latest metaverse trends in order to achieve success in the digital world.
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