Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Mahi Sall is the CEO & Founder of FinXpair, a Berlin-based strategic advisory boutique firm focu[...]
CB Insights: Metaverse stack and companies making it a reality
CB Insights | Apr 13, 2022
The business world is obsessed with “the metaverse”: the concept of shared worlds driven by virtual products and digital experiences that are highly immersive and interactive. While the space is still in early days, the longer-term implications may not be trivial. Some users — especially younger ones — may eventually earn, spend, and invest most of their money in digital worlds. The metaverse could represent a $1T market by the end of the decade
See: Metaverse Continuum: Digital experiences and interconnected future
The metaverse is a vision, not a specific technology. For enterprises, this ambiguity can make it challenging to figure out how to tap into the emerging trends the metaverse represents. Below, we provide a framework to navigate this evolving topic by breaking down the metaverse into distinct technological layers and highlighting the key vendors set on making the metaverse a reality.
Infrastructure (network & computing)
The metaverse requires compute and processing infrastructure that can support both big data flows and low latency. Tech emerging within categories such as chips & processors, 5G, cloud infrastructure, and edge infrastructure, will prove vital to creating a seamless, lag-free experience in the metaverse.
- Chips & processors
- 5G & low latency networks
- Cloud infrastructure
- Edge infrastructure
See: How the Metaverse Could Change the Nature of Work
Access/interface (hardware)
This layer includes hardware devices that allow people to experience the metaverse. While this category encompasses connected devices like mobile phones, PCs, and gaming consoles, it is predominantly centered around emerging technologies designed to enhance immersion in a virtual setting.
- Haptics
- Headsets (VR)
- Holographics
- Smart glasses (AR)
Virtualization tools
- 3D design engines
- 3D modeling & capture
- AR developer kits
- Avatar development
- Volumetric video
See: Hong Kong’s Web3 ‘Mr. Metaverse’ vs. Mark Zuckerberg
Virtual worlds
- Centralized worlds
- Decentralized worlds
Economic infrastructure
- Payments
- Crypto exchanges
- Crypto wallets
- NFT marketplaces
See: Liquid Avatar Technologies Inc. Launches First-Ever Payment Card and Loyalty Program for the Metaverse
Experiences
- AR/VR games
- Decentralized games
- Virtual concerts
- Virtual fashion
- Virtual real estate
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