METAVERSE
How thematic investing is changing the way Indians approach crypto
In India, investors are increasingly embracing thematic investing as they explore cryptocurrency and other sectors. This innovative investment style allows individuals to focus on specific trends and ideas rather than sticking to conventional categories. To support this, ZebPay has launched CryptoPacks, offering users curated portfolios that resonate with various themes. These packs simplify investment management and signify a shift toward future-focused digital asset strategies.
Meta's Charm gadget carries CEO Mark Zuckerberg's big AI ambitions
The device, called Muse Charm, highlights a broader shift at the social media giant that has long sought to escape Apple and Google's operating systems with a platform of its own. Users can tap the gadget to access Muse directly, bypassing AI apps on smartphones.
After a lull, industrial metaverse adoption picking up across industries: Experts
Industry executives and experts said the industrial metaverse--which refers to the digital world that mirrors the physical world, leveraging the technologies--has found the right price points to generate good returns on investment (RoI) with supporting technologies scaling up. “Industrial metaverse has gone through its waves,” said Sreenivasa Chakravarti, vice president, IOT and digital engineering, TCS.
Dubai forging its way ahead as a Metaverse metropolis
With various Metaverse initiatives across sectors, Dubai is taking strategic steps to lead global entry into a Metaverse future.
China's industry ministry to work on standards for the metaverse
The metaverse has become one of the hottest tech trends since 2021, but there is yet to be consensus on what qualifies as a metaverse despite the hype, an issue China's ministry of industry and information technology has highlighted.
Metaverse could reach up to $900 billion by 2030: Bain & Company report
Companies engaging in the metaverse’s early stages of development, known as the “seed stage”, over the next five to 10 years, are more likely to become the market winners.
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Number of Metaverse users to surpass 600 million by 2026 due to generative AI: report
Metaverse (the virtual 3D environment in which the physical and digital worlds converge) users will surpass 600 million by 2026 due to generative artificial intelligence (AI), a new report has shown.
Web3 and Metaverse could be $200 billion opportunity for India: report
The Web3 and Metaverse market opportunity in India is expected to grow at an annual growth rate of nearly 40%, with the potential to become a US $200 billion industry by 2035, strategy and management consulting firm Arthur D. Little said in its latest report on Thursday.
70% of businesses plan to integrate metaverse in company activities: PwC India
Additionally, 63% of companies that are actively engaged with the metaverse say they will fully embed the metaverse in their organisational activities within a year, said the report titled 'Our Take - Embracing the Metaverse'.
How companies are fine-tuning their services even as hype around Metaverse fades
While the hype around the metaverse has slowed down in the past year, tech firms are deploying metaverse-based solutions internally, finetuning their services so as not to be caught napping when demand comes back.
Metaverse's full scale vision is likely 10 years away: Report
The report titled 'Metaverse - Prepared to Win' said that enterprise and consumer metaverse adoption trends are similar to those of AI and internet in their early stages.
India Inc is going all out to upskill employees for the metaverse
Genpact, Flipkart, MG Motor, Ascendion, and Synechron, among others, are upskilling employees to work on metaverse-related projects, setting them up with avatars online, training them in Augmented Reality (AR) and Internet of Things (IoT), and setting up specific learning paths on the metaverse.
Metaverse impact on India's economy could be $79-148 billion by 2035: Deloitte
With over half of its population under the age of 30, India produces the highest number of science and technology graduates globally and is demographically well-positioned to contribute digital labour to the metaverse.
Metaverse emerging as a fast-developing technology Sector
Metaverse is predicted to reach the market size of $1.3 trillion by 2030, making it one of the fast-growing tech domains
UAE's latest bet on tech: a ministry in the metaverse
The UAE, which has a history of bold projects including the 830-metre (2,723-foot) Burj Khalifa, hopes the metaverse can add $4 billion to annual GDP and 40,000 jobs to its workforce by 2030. In its bid to become one of the world's top-10 metaverse economies, Dubai wants to attract 1,000 companies specialising in blockchain and related technologies, helped by eased visa rules for freelancers, entrepreneurs and creatives.
How the metaverse accelerates economic development for emerging economies
Metaverse as technology can revolutionise the education and training sector. A recent research by the University of Maryland revealed that students can retain more information when it is presented in Virtual Reality (VR) rather than on a static computer screen.
55k metaverse-based jobs on offer as IT cos and startups chalk out plans
There were an estimated 55,000 job openings related to the metaverse ecosystem at the beginning of this month in India, according to specialist staffing firm Xpheno.
Gaming-led global metaverse market to reach $28 billion by 2028: report
The pandemic has hastened the evolution of the internet, resulting in the metaverse, where cyberspace becomes more of an interactive 3D space with business and networking, as well as content that corresponds to the worlds in popular games such as Roblox.
Can there be a metaverse without cryptocurrencies? Here's what experts say
Over the years, the metaverse has evolved and now this virtual theme is turned into a reality, thanks to a flood of themed applications based on the blockchain technology. However, the biggest question is can there be a metaverse without cryptocurrency. Market experts have a mixed opinion over it as some believe the cryptos have no mandate, whereas others see it as fuel for the metaverse economy.
How the metaverse future may look like in 2030
For technophiles, the metaverse represents a nirvana: a place to immerse yourself in any digital world, and participate in any physical reality, at any time – and also to be able to see and feel anything, even if you are thousands of miles away from that real place.
Early birds that’ve immersed in metaverse
The metaverse will be an expansive space encapsulating instances of augmented reality (AR), virtual reality (VR) and even mixed reality (MR) — a mix of AR and VR.
Can Indian telcos make most of growing Metaverse theme?
According to a report by Credit Suisse, the transition of the digital ecosystem to metaverse will push data usage by 20 times across the globe by 2032 and telecom operators Bharti Airtel and Jio are suitably placed to benefit from the surge.
Metaverse: How to play the next big theme in crypto world?
Metaverse is a digital avatar-based universe. It is a virtual reality world where users can interact, play games and experience things or activities as they would in the real world.
522 mobile apps using metaverse buzzword to gain new users: report
Data from market intelligence platform Sensor Tower reveals that Facebook's rebrand to Meta drove a surge in apps adding "metaverse" to their descriptions or names.
Metaverse, NFTs, and Crypto tokens: Here's why investors should know about their relation
While metaverses are still in the early stages of development, many businesses are already dabbling in the digital realm. The metaverse presents a massive opportunity for crypto.
A metaverse with Chinese characteristics is a clean and compliant metaverse
The descriptions point to the long shadow thrown by Chinese authorities who have already intimated they will have a heavy regulatory hand in how it will develop - a shadow some China metaverse advocates fear will stunt its growth.
Hype about metaverse: Is it just only avatars interacting with others in a digital environment or there's more?
What does the metaverse really mean, and does it even exist? Here's what you need to know.
Tencent says Beijing likely to support metaverse - as long as it obeys China rules
Tencent, China's biggest company by market value, welcomed the potential for gaming business opportunities in a post-earnings call on Wednesday, but acknowledged China's version of the metaverse would need to be different to the rest of the world's.
What is the 'metaverse' and why is it taking off? Everything you need to know
The concept of the metaverse is quickly becoming a buzzword in technology and business. But what does it mean?
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