While the hype around the consumer metaverse has receded, the convergence of digital twins and three rapidly evolving fields – spatial computing, artificial intelligence (AI), and Web3 and blockchain – is propelling the next phase of the industrial revolution, says a new World Economic Forum report.
“The industrial metaverse impacts the entire value chain, driving productivity andgrowth, opening avenues for diverse revenue streams, solving real-world problems digitally, and driving greater efficiency,” says the “Navigating The Industrial Metaverse, A Blueprint For Innovations” report. It analyzes over 600 spatial experiences and Web3 initiatives executed by 100 of the largest companies across 10 industries, including industrial manufacturing, automotive, cities and urban infrastructure, energy, and healthcare.
