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The metaverse could be tech’s next trillion-dollar opportunity
Report

The metaverse could be tech’s next trillion-dollar opportunity

These are the companies making it a reality

CB Insights, 2022


Editorial Rating

9

Qualities

  • Eye Opening
  • Overview
  • Hot Topic

Recommendation

The metaverse – the concept of a sprawling virtual world where people live most of their waking hours – has leaped from the realm of science fiction to fact. Millions are now choosing to spend hours every day in virtual worlds. And they are doing much more than playing games, chatting or shopping: They’re working, investing, attending concerts, taking vacations and even – if they can afford it – sailing on virtual megayachts. In an interesting research brief, CB Insights offers a snapshot of the metaverse in the spring of 2022, focusing on the ecosystem of start-ups and incumbents making this new world a reality.

Take-Aways

  • In the metaverse, people can have immersive virtual experiences reflecting practically every aspect of life.
  • The metaverse already offers users entertainment, investment and work opportunities.
  • The metaverse includes centralized and decentralized virtual worlds, each with its own currency.

About the Author

CB Insights offers market intelligence on private companies and investor activities via a business analytics platform and global database. Its research briefs cover financial tech, health care, consumer technology and emerging technology.


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