#METAVERSE - WATCHING THE FUTURE AS IT UNFOLDS TODAY
The global market for Metaverse estimated at US$107.1 Billion in the year 2020, is projected to reach a revised size of US$758.6 Billion by 2026, growing at a CAGR of 37.1% over the analysis period.
Metaverse is the latest buzzword that has been capturing the imagination of the tech industry and holds significant potential in creating tremendous growth opportunities for marketers by allowing them to deliver advanced immersive and interactive digital experiences to their customers. Metaverse, simply put, is an integration of immersive presence in a virtually interactive self-sufficient ecosystem of mobile networks, augmented reality, social media, gaming, virtual reality, ecommerce, cryptocurrency and work environments. This universe is being envisioned as the future of the internet, involving the convergence of augmented reality (AR), virtual reality (VR), and physical worlds in a shared digital space. NFTs and online events are booming creating a universe of opportunities for the metaverse and related technologies.
Major stocks include Capri Holdings Limited (NASDAQ:CPRI), Pandora Jewelry(NASDAQ:PNDZF), and Dynacor Gold Mines Inc. (OTC:DNGDF). SFL Maven(OTC PINK: SFLM), has also gotten a grasp of the broader NFT marketplace.