Despite big tech companies quietly tiptoeing into the metaverse and technology experiencing strong early adoption, metaverse technologies are likely eight to 10 years away from widespread adoption, says a new report from NASSCOM and McKinsey.

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Industries such as retail, manufacturing, media, healthcare, telecommunications, professional services and banking are likely to be the top drivers of enterprise use case spending in the metaverse by 2030, the report added. NASSCOM with McKinsey & Company.

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