Why the industrial metaverse will eclipse the consumer metaverse

The consumer metaverse, exemplified by immersive gaming, new shopping experiences, and the explosion of virtual reality headsets, is the most visible and publicized side of the metaverse. But there may be much more money to be made in the industrial metaverse, a side most consumers will never see directly. That’s the prediction of Michael Inouye, principal analyst at ABI Research.

The firm estimates that the industrial metaverse, exemplified by digital twins, augmented field service, and predictive maintenance, could become a $100 billion market by 2030. That’s larger than the consumer metaverse of 50,000. million dollars and the corporate metaverse of 30 billion dollars combined. VentureBeat spoke with Inouye to clarify why the industrial metaverse will grow faster and what are the use cases and…