Source: news.google.com
The metaverse continues to reach new heights with the evolution of wearable devices, such as virtual reality (VR) headsets. However, given the adverse economic conditions, sales of these headphones have declined. But do companies still believe that 2023 will be the year of the metaverse?
The metaverse was one of the biggest trends of 2022. The industry was estimated to grow to $800 billion by 2024, according to a December 2021 report. Bloomberg report. The immense growth of the metaverse and virtual reality has attracted many entrepreneurs from gaming, arts, e-commerce, healthcare, blockchain, and other retail leaders to join the metaverse space.
The metaverse is a simulated digital environment that combines virtual reality (VR) and augmented reality (AR), social media concepts, and blockchain to create areas for rich…
Read More at news.google.com