Metaverse: A Technological Revolution To Look Forward To

During the pandemic, social media and the internet helped us get in touch with our friends and family during the moments of extreme quarantine. But was it actually enough? Even though it was possible to see and talk to people, it still felt impersonal and distant. And even though we could get everything at home, the need to go out and explore was still there. That’s where the rise of the metaverse took place. With the rapid technological evolution, the MRFR analysis report anticipates the metaverse market to flourish at a healthy CAGR of over 45.2% during the review timeframe. The report further predicts the market will acquire approximately USD 105,597.5 million by the end of 2030. If you must ask what the metaverse is, here’s the answer. It is barely a brand-new concept, but the headlines it is making with the speed with which it is gaining popularity is commendable. And its actual meaning is changing daily as more recognizable businesses and brands integrate it into their long-term plans. Even though all celebrities to global brands such as Nike have gotten involved, Facebook is accountable for setting the metaverse buzz in motion. The firm, a forerunner in social media,