
1 minute read
WHAT IS METAVERSE?
Yes, you should be aware that the metaverse is not a passing trend but rather a technical development that willusherinamoreconnectedfuture.
The global market for augmented reality (AR), virtual reality (VR), and mixed reality (MR) "hit 28 billion U.S. dollars in 2021 and is expected to reach over 250 billion U.S. dollars by 2028,"accordingtoStatista.
Advertisement
Currently, this idea has greatly advanced with the goal of creating a digital environment where all internet activity can be carriedoutasareflectionofourrealworld.

The term "metaverse" does not yet exist as a real thing, despite what one unofficial definition says. Tech behemoths like Google andMicrosofthavealreadyrevealedtheirowninitiativestobuild themetaverse,eachwithadistinctgoalinmind.

To be more specific, each iteration of the metaverse is working towardthegoalofdevelopingavirtual3Denvironmentthatcan duplicateandreplacetherealworld.