Is Metaverse adoption nascent?

Despite the hype, metaverse adoption is nascent and fragmented, Gartner said. The firm recommends caution when investing in a specific metaverse, as it is too early to determine which investments will be viable in the long term, and the ethical, financial and reputational risks of early investments are not fully known.

What is a Metaverse?

Now many companies or advocates instead refer to any single game or platform as “ a metaverse.” By this definition, anything from a VR concert app to a video game would count as a “metaverse.” Some take it further, calling the collection of various metaverses a “ multiverse of metaverses .” Or maybe we're living in a “ hybrid-verse .”

What is a'metaverse'?

Broadly speaking, the technologies companies refer to when they talk about “the metaverse” can include virtual reality—characterized by persistent virtual worlds that continue to exist even when you're not playing—as well as augmented reality that combines aspects of the digital and physical worlds.

Are Metaverse technologies nascent?

“Emerging metaverse technologies may be nascent, but they offer strategic opportunities — with potential benefits that aren’t limited to virtual worlds. Metaverse will transform the physical world, as well as transport or extend physical activities to a virtual world,” says Gartner VP Analyst Marty Resnick. What is a metaverse?