Studying the impact of innovation on business and society

Tag: virtual worlds

Making The Business Case For The Metaverse: How Companies Can Create Value In The Next Web

Making The Business Case For The Metaverse: How Companies Can Create Value In The Next Web

The metaverse represents an evolving version of the next web, creating immersive 3D experiences that evolve traditional 2D websites into a connected series of virtual worlds. Already, consumers and businesses are exploring ways to enhance their everyday activities, deepen connectivity, and unlock more exciting applications. New McKinsey research estimates that the potential economic value of the metaverse could generate up to $5 trillion by 2030. The report, “Value Creation in the Metaverse” also found that 57% of metaverse-aware companies say…