(This is a well written article with good insights into investment verticles for domain pursuits, my thoughs at the end
Full article here)
There is ample ground in the UAE to leverage ten use cases using metaverse including telehealth; digital twins; augmented tourism; live augmented events; virtual and augmented shopping, and virtual assets.
A new report by Boston Consulting Group (BCG) in collaboration with Meta, recognises the key role that the UAE’s advanced market could play in expanding its metaverse participation.
The UAE is rapidly fostering its metaverse ecosystem. Launched in the second half of 2022, Dubai Metaverse Strategy aims to turn Dubai into one the world’s top 10 metaverse economies as it strives to act as a global hub for the metaverse community. Earlier this year, the city hosted the Dubai Metaverse
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Business leaders, technologists and investors foresee enormous economic potential in the metaverse. As with many aspects of the metaverse, precise figures vary widely depending on the source. BCG estimates a total global metaverse market opportunity to reach up to $400 billion by 2025. Most of this will be in the virtual-asset economy, predicted to rise from $90 billion in 2021 to $150-$300 billion in 2025, with VR/AR/MR ($47 billion), cloud ($28 billion), and network ($19 billion) related products and services comprising the rest of the metaverse market. Beyond revenue upside, the metaverse promises a range of exciting benefits for all types of users as well as the technology companies supporting the back end.
My Thoughts: I wrote about this 2 years ago... one of the biggest oppurtunities in the metaverse is to focus on the metaverse economy. Metaverse/virtual goods and assets which includes Avatars as an asset class.. micro-transaction involving virtual goods that are D2A (Direct to Avatar is a major area of research atm) talking about luxury clothes, playable skins, access passes, mods etc
Another area is the very infrastructure of the metaverse.... mesh and edge networking will be critical for mass deployment. So I've target a few keywords there. This more so the case when we talk about digital twins and an always on connectivity that is needed for interacting in an overlayed AR space. This is also important for Live Events which is going to be a massive area as well.
Other keywords that I like are those focused on an access point... i.e realm, portal, of course keyword+Verse
I think there will be gradient levels of the metaverse fully virtual to more real world leveraging NERF and twins technology AR. The digitization of everything into the metaverse is big.
As the metaverse is going to be "Creator" enabled and empowered by the big dogs, I think that the "creator" keyword is going to increase in popularity.
While non of this is overnite and for sure it does present a wide array of investment oppurtunities for us longer term domain investors. Of course do your own research. I've been passionate about these techs for over 20 years now and excited beyond a domain investment standpoint. Also, don't sleep on the keyword XR... it's all inter-related. Let's go!