The Metaverse

A Future Prognosis

Athena @ Shaping Tomorrow

29 November 2023
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World Outlook
Main factors that cause something to happen globally
By 2026, Web3 technologies - such as digital twins, smart spaces, virtual and augmented reality, and advanced virtual assistants-will transform how people interact with the world. Forbes
Transition of the digital ecosystem to metaverse will push data usage by 20 times across the globe by 2032. The Hindu BusinessLine
By the end of 2022 in the world there will be 4-5 million sports fans that will purchase or receive collection digital sports artifacts for NFT-TOCEN. DEEPLA - Agricoltura Ecosostenibile e Green Economy
Global regions, coloured according to number of forecasts
  • TLDR: The year 2024 is set to be a pivotal year for NFT art, marked by advancements in AI-generated art, immersive VR/AR experiences, a strong focus on sustainability, heightened social impact initiatives, and the integration of physical and digital art forms. NFT CULTURE
  • India, with its thriving tech ecosystem and vast pool of skilled professionals, is well-positioned to embrace and capitalize on the opportunities presented by the enterprise metaverse. Mint
  • Regardless of past controversies, Binance is committed to strengthening the potential of AI-powered NFTs with high regard for legality, empowering artists to create attractive digital art that can easily and securely be shared, sold, and traded for financial gain on a global scale. geekinteger
  • While many are excited about the potential of virtual and augmented reality in promoting Jordanian heritage, there are concerns about ownership of newly digitized landmarks. Roya News
  • The European Commission's metaverse strategy due next week is delayed and will not have real teeth - but there are real policy concerns about how virtual worlds will cope with policy issues like property rights, technological standards and privacy. CoinDesk
  • As much as Sega's execs might want to portray their continued interest in Web 3 as a mere risk for the risk taker, many other companies' limp forays into NFTs have ended in failure. Gizmodo
  • The groundbreaking Augmented Reality Architecture Visualization service is set to launch in early 2025. FinModelsLab
  • Virtual reality and augmented reality are going to be among the hottest topics in tech for 2024 because of the launch of Apple Vision Pro. ZDNet
  • NFTs will continue to evolve, creating value globally. CryptoPotato
  • NFTs in Thailand are governed, in part, by the Emergency Decree on Digital Asset Businesses Operation B.E. 2561 (referred to as the DA Law). Cryptopolitan
  • The Future of the Best Mobile Application Development Company will be Shaped by Edge Computing, Augmented Reality, Virtual Reality, and a More Attention to Security and Sustainability. Mobcoder
  • The presence of Aß and NFTs in human CSF or BP can identify preclinical individuals at risk for developing MCI due to AD, the second stage of progression. medscape

A framework that describes a 4-phase level of maturity to help determine potential and inform innovation strategy.

augmented reality, artificial intelligence, app, 3D, application, augmented
augmented reality, blockchain, artificial intelligence, market, 5G, 3D
market, digital, brand, company, industry, asset
market, reality, alien, asset, capital, chip
Past Year: Stable
Compare changing sentiment to a benchmark of all forecasts
By 2026, Web3 technologies - such as digital twins, smart spaces, virtual and augmented reality, and advanced virtual assistants-will transform how people interact with the world. Forbes
Virtual reality and augmented reality are not new concepts but will revolutionize the world within 5 years. admin
  • By considering the potential of a metaverse, Japan aims to harness the power of perception manipulation to enhance its military preparedness.
  • An interoperable Metaverse service will provide a global-wide network of linked systems, and to enable it to function, developers will need to construct it on a web of public and private guidelines and regulations. XR Today
  • While the metaverse threat is still on the horizon given its early stage of development, decentralized P2 P apps used for propaganda are already causing law enforcers problems as they are harder to moderate and investigate. Infosecurity Magazine
  • In 2024, the focus on sustainability within the NFT space will reach new heights. NFT CULTURE
  • Disney will tokenize its iconic cartoon characters from the past century onto its upcoming NFT marketplace, Disney Pinnacle. CoinTelegraph
  • Analyst estimates are that the NFT marketplace will grow by $147 billion by 2026. cryptonews
  • Branded experiences are going to start incorporating metaverse experiences. Event Industry News
  • Gaming is an inherently immersive and interactive form of entertainment, and if Disney does decide to spin up an internal gaming group, it might look to its theme park division for the proper talent, much as it did for its metaverse strategy last year. Digiday
  • The news comes as firms such as Microsoft plan to debut an industrial Metaverse roadmap by 2024. / India XR Today
  • As 2024 approaches, the integration of physical and digital art in the NFT realm will become more pronounced. NFT CULTURE
  • By 2040, augmented reality and mixed reality (MR) information layers, which can be readily incorporated into real-world environments, will see greater adoption across societies compared to virtual reality. The Upcoming
  • Video calling merges with VR/AR - Instead of a 2 D video grid, platforms like Messenger or WhatsApp could allow people to pair augmented reality effects with real-time video conversations. Inkbot Design
Financial Impact
With a projected value of US$ 5 Trillion by 2030, and with 79% of consumers active on the Metaverse making a purchase, it's impossible to ignore. GfK
The global metaverse industry is projected to have a value of US$ 142 billion at the end of 2023, increasing to more than US$ 1.5 trillion by the turn of the decade. Forkast News
Metaverse technology can generate economic value in the range of $2 trillion to $2.6 trillion by 2030. 101 Blockchains
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System Map
Creates plausible alternative futures of what can happen and encourages development of a robust, agile response
Between 4 million and 5 million sports fans globally will have purchased or have been gifted an NFT sports collectable by the end of 2022. Australian Financial Review
By the end of 2022, between four and five million sports fans globally will have purchased or been gifted an NFT sports collectable. Tech Monitor
The world's first NFT restaurant is not scheduled to open until 2023, but it's already generating a buzz among the most tech-savvy foodies. Lifestyle Asia Singapore
Changing proportion of published forecasts
The pace and scale of bitcoin, ethereum and NFT adoption has taken some by surprise, with some warning they could now pose a risk to the global financial system as nation-states begin to experiment with digital assets.
Crypto ventures and physical world entities will start to establish multi-language regional and even global corporate headquarters in different metaverses. LinkedIn
Know how others are tackling issues with this topic
Universities are like deer in the headlights in the face of an artificial intelligence revolution that will transform their world, while they may also need to consider creating metaverse campuses as AI brings personalised learning at scale. Times Higher Education (THE)
In 2023, much of the planet will be introduced to a world where many of the visionary capabilities we have talked about for the last several years - from smart buildings to immersive metaverse reality-will start changing how we live. BusyContinent
Augmented reality offers the potential to introduce new gameplay modes, track scores, and even compete with players around the world, taking the Nerf gun experience to unparalleled heights. Get Droid Tips
Key topics
Investigate what’s transforming or collapsing
The Metropoly platform, as the world's first NFT real estate marketplace, revolutionizes the entire process of investing in real estate, and crypto experts predict an extremely successful future for its native METRO token. The Tech Report
Ultimately, augmented reality has the potential to improve customer experience through enhanced product visualisation and increased convenience that will transform shopping around the world. Retail Technology Innovation Hub
A metaversity is a higher education institution recreated as a digital twin utilizing virtual reality in the metaverse (or at least the early iteration of what will ultimately become a full, global metaverse). eCampus News
What's Next
Changing proportion of material mentioning future years
Looking at the size of the digital economy that is powered by non-fungible tokens now, one thing is pretty obvious that in the coming years NFTs might completely change the way the world interacts on the internet. Interesting Engineering
The hard evidence of consumer adoption or engagement will likely emerge over the next three years when and if the metaverse-enabling technologies mature, Global Data anticipates.
How can generative AI and augmented reality be combined to provide predictive insights into things like real estate construction, valuation, and property preservation?
How Can Augmented Reality be Used in Marketing for the Beauty Industry? Rock Paper Reality
Opinion Can we step out of the metaverse for peace in the real world? South China Morning Post
How Does Mixed Reality Expand On Augmented Reality?
How has COVID-19 had a significant negative impact on the Military Augmented Reality (MAR) Technologies Market? InvestorsObserver
How many Augmented Reality are manufactured per annum globally? Mobility Foresights
Who gets to augment reality? Brookings
Who knew that one person's simple desire to draw on a screen 60 years ago would lead to a world full of AI, augmented reality and machine learning? Zebra Technologies
Who are the leading players functioning in the Global Augmented Reality and Virtual Reality in Gaming marketplace? Transport Times
What mechanism should be evolved in India for making an effective and significant contribution to Metaverse standardization? MediaNama
What are the major trends shaping Web3 retail in 2023, post-NFT rush?
What is Disruptor Augmented Reality?
When - and in what key industries - will 5G and augmented reality's promise show? Buzzsprout
What happens when the virtual reality avatars and metaverse spaces no longer appeal only to game nerds but are used by terrorists as training camps or perimeters to plot attacks? Lawfare
Is there a point when dealing with cryptocurrency's regulatory and tax headaches no longer makes sense to NFT exchanges and creators? ZenLedger
What will be the future of augmented reality in industry?
How will virtual reality and augmented reality (AR) impact consumer behaviour and marketing tactics? Search Engine Land
How Will AI Affect the Future of Metaverse? 101 Blockchains
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