The Metaverse

A Future Prognosis

Athena @ Shaping Tomorrow

10 June 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
  • In 2023, NFT activity is on the upswing again thanks to two important events: the disruptive launch of Blur, an Ethereum NFT marketplace, and the explosive popularity of bitcoin ordinals, through which users can inscribe text, images, and other data on satoshis, or smaller bitcoin units. CFA Institute Enterprising Investor
  • Augmented reality has already gained popularity in the gaming and entertainment industries, but in 2023, it will be a significant trend in digital marketing. TechBullion
  • As global technology companies continue to push the boundaries of innovation, the race for dominance in the AR and metaverse spaces will become increasingly competitive. FinancialExpress
  • With the expected exponential growth of the Metaverse technologies, the anticipated limit of 5G would be reached by 2030. Arxiv
  • With the risk and cost pressure increasing for pharmaceutical companies, the Life Sciences industry needs augmented reality to remain competitive. Rockwell Automation
  • Platforms like Reddit and NFT marketplaces provide a limited experience due to centralization, but if they could tap into human's natural desire for play and entertainment, the creation of a unified and gamified metaverse would be inescapable. VentureBeat
  • Apple's new operating system for its augmented reality and virtual reality headset will be similar to iOS and iPadOS. GizChina Media
  • The $3,500 device, called the Vision Pro, will offer augmented reality and introduce spatial computing. The New York Times
  • With the implementation of NFTs and cryptocurrencies backed by real-time awards, the in-game transactions will create 9.6% revenue growth on mobile platforms in 2023. FinancialExpress
  • The European Commission is set to issue a policy paper on the metaverse later in 2023, which is expected to consider options if major companies such as Meta Platforms squeeze out smaller rivals. CoinDesk
  • The businesses in the UAE and across the world will be compelled to make some fundamental changes to their marketing, sales and business strategy given the massive disruption caused by metaverse and big data. Khaleej Times
  • The Metaverse in India needs to address issues of security and privacy risks, user data management, and regulation compliance. MSN

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

augmented reality, app, artificial intelligence, 3D, application, augmented
augmented reality, blockchain, market, 5G, artificial intelligence, 3D
market, digital, brand, company, industry, metaverse
market, reality, alien, asset, chip, cost
Past Year: More Positive
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
  • With the 2024 U.S. election still more than a year and a half away, it seems likely that more memes and NFTs are on the way as both parties clamour to reach young voters and frame their respective candidates as the leader the U.S. needs. nationalpost
  • Over the past few years, U.S. policy on NFTs has advanced rapidly to address emerging risks and continues to involve multiple regulators and law enforcement agencies. Information Technology and Innovation Foundation
  • Red 6's augmented reality system could be implemented into fifth-generation fighters, such as the F-35 or F-22 in the future. Shephard Media
  • Instead of selling in-game NFTs or cryptocurrency, Another World will feature a Tokenproof integration enabling players to connect their crypto wallets.
  • May is on track to become the first month in 2023 when NFT trading volume will fall well below $1 billion. Areen News
  • Metaverse services providers expect, on average, to see 15% growth in 2023. Horses for Sources | No Boundaries
  • NFTs in gaming are a major change that will take time and has continued developing blockchain integrations for upcoming games. Decrypt
  • Museums are starting to understand the potential for blockchain as a medium and NFTs as a medium to augment what artists can do.
  • Spirit will support Masary Capital's Dubai Blockchain and Metaverse Strategy by providing assistance for important Web3 infrastructure projects, including public blockchain, scaling solutions and decentralized applications such as DeFi and GameFi. Stockhouse
  • Almost three quarters of business leaders surveyed believe metaverse technologies will impact employee engagement in the next decade, with immersive training and learning most widely cited, followed by collaboration, recruitment, and internal company events. Computerworld
  • Apple is hoping that Vision Pro will finally bring virtual and augmented reality to the mainstream. GQ
  • Apple's headset is reported to have two main functions: a virtual reality setting and a mixed-reality component, which lets users see augmented reality objects projected onto the real world. CNN
Financial Impact
Metaverse technology can generate economic value in the range of $2 trillion to $2.6 trillion by 2030. 101 Blockchains
Executives expect 4.2% of their revenues coming from metaverse in the next 3 years - a value of $1 trillion, offering opportunities for growth across consumer and business services. TM Forum
The metaverse sector will have an estimated value of $5 trillion by 2030. CoinTelegraph
Click on the dots or the lines to see the connections
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
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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
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 dramatically changing how we live. commscope
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
Most executives across the globe say they expect a major or moderate impact from the following areas of fintech in the coming year: ESG, embedded finance, decentralized finance (DeFi), the metaverse and cryptocurrencies. Benzinga
LBB > How can connected packaging benefit from the recent developments in the augmented reality sector? Little Black Book
How can companies that are building game worlds and metaverses attract the next wave of creators? Deloitte
How Can Companies Harness the Power of Augmented Reality in Logistics? DFreight | UAE Shipping Company
How will the metaverse impact social inequality and inclusion? Finance Mean
How does Metaverse translate for the space of enterprise assets - would it make things easy or difficult? Dataquest
How can NFTs positively influence society and the environment? EU-Startups
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
How are ad networks, who have mostly built technology around mobile advertising, going to adjust to providing advertising and ad monetization services within a metaverse environment? DNyuz
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
What opportunities does augmented reality offer in agriculture? MIXED
What Are the Most Common NFT Security Risks? Binance Blog
Is there a point when dealing with cryptocurrency's regulatory and tax headaches no longer makes sense to NFT exchanges and creators? ZenLedger
How could we develop the future metaverse in the age of singularity when the intelligence of machine exceeds human? Transport Times
If an NFT is sold as a means of raising capital to fund a future event or to fund the creation of a new taxable product, when does the sales tax transaction take place? Insight
If metaverse fashion is inevitable, what will it look like? The Startup Magazine
Which application segment will grab a handsome share in the Global Augmented Reality and Virtual Reality in Gaming industry? Transport Times
For brands, will 'middle-man' companies that provide metaverse 'entry points' be the primary counterparts they need to engage with to activate advertising? Dentsu Aegis Network
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