Global Leaders Weigh in on the Metaverse
To understand the potential of the emergent Metaverse — its applications, challenges, risks and opportunities — in October and November 2022, Wipro commissioned a survey of 550 business and technology executives across the US, UK, and Germany. Respondent companies include many industries — retail and consumer goods, financial services, media and entertainment, manufacturing, telecoms, sports and gaming. All survey participants had a significant role in or knowledge of their company’s decision-making approach to the Metaverse.
A resounding message from the survey is that despite recent technology-sector turbulence and market skepticism, the Metaverse is here to stay. And getting there will include investment in complementary technologies like cloud, AI, the Internet of things (IoT), AR/VR, 3D and blockchain. Among those technologies, AR/VR, 3D, and blockchain are the top three emerging technologies incorporated into Metaverse applications.