metaverse

Auto Added by WPeMatico

Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more

by

In early November the Chinese government made an ambitious plan to boost the nation’s VR industry, now it seems local tech companies are using the World Cup to test-run their products. Go to Source Powered by WPeMatico

Big Four Company KPMG to Examine New Business Models in the Metaverse

by

KPMG, one of the “big four” companies in the consulting and auditing business, is appointing a new head of metaverse futures. The new position, to be occupied by Alyse Sue, will be dedicated to the implementation of technologies such as metaverse and crypto to find fresh business models for the company, as other big four … Read more

Apple Could Be Developing Its Own Metaverse Platform

by

Tech and communications giant Apple might be developing its own metaverse, recently posting several job offerings in the fields of virtual reality (VR) and augmented reality (AR). One of the job listings calls explicitly for engineers experienced in the development of a “3D mixed-reality world,” for the Technology Development Group, the virtual reality division of … Read more

Renault Launches Its Industrial Metaverse, Aims to Save $330 Million by 2025

by

Renault, one of the biggest automakers in the world, has announced it has built the first industrial metaverse, with all its production lines supplying data to this world. According to the company, this digital twin replica will allow it to save $330 million by 2025, diminishing warranty expenses, delivery times, and the carbon footprint of … Read more

Metaverse of Entertainment Expected to Grow to Almost $29 Billion Driven by Consumer Spending by 2026, Study Says

by

A study from Technavio, a market research firm, has predicted that the area of the metaverse dedicated to entertainment, including virtual concerts, video games, and movies, will grow to $28.92 billion in value from 2021 to 2026. The report states that 33% of this growth will originate in U.S. markets, due to the intersection of … Read more