Top 5 Industries that are using Metaverse in real world
Gaming Industry
Gaming industry is said to be one of the core and primary investors of Metaverse technology. This technology allows players to interact with other participants within a single interoperable environment. Epic Games, Microsoft, Roblox, Nvidia are among leading companies which are actively working on implementing metaverse in game development. Not just gaming companies but gamers, e-sports athletes, game content creators are also using Metaverse to increase their international prominence by conducting live events in Metaverse.
Ecommerce and Retail
Major ecommerce players such as Amazon, eBay and flipkart are adopting metaverse technology.In Metaverse, 3D and AR allow customers to better visualize their potential purchases and are proven to help in making better-informed decisions leading to fewer product returns. Shopify merchants that added 3D images to their stores experienced, on average, 94% higher conversions. As online retailers begin to adopt 3D and AR en masse, the shift to VR and the metaverse is next.
Real Estate
One of the core features of Metaverse is its ability to offer the client an ultimate virtual reality experience. It’s no surprise that a market niche of real estate can be profitable with Metaverse. With Metaverse property tour options, the realtors do not have to travel to the site, the clients do not need to waste time traveling to dozens of properties. In fact, the prospective buyers can take a Metaverse real estate tour and explore all possible options in real time.
Remote Working Industry
The massive shift in the traditional business model is brought about by the Metaverse. Business enterprises like Nike, Intel, YouTube, McDonalds along with emerging start-ups like Gravity Sketch and Upland are already using metaverse at their workplace. Metaverse is helping in employee training on VR with a simulated experience. Other than training, remote working in virtual space, communication and collaboration of workforce using VR devices and remote meeting using 3D avatars are some of the most popular trends in the digital working space.
Travel and Tourism
Virtual tourism is one of the most forward looking use cases of Metaverse. Here, the technology lets you travel in a virtual environment which is a bonus point for users who cannot travel long distances. A very popular example of use of Metaverse is Thomas Cook. Thomas Cook is launching the Virtual Reality Holiday “Try before you Fly” that helps the potential tourists to visit their desired destinations virtually. With the 360° virtual tour, you can not only watch the location recorded but also be present digitally in the desired location with realistic effects.