Fireflyinsights explains the world of metaverse, why so hype and the typical business cases and top players #fireflylabz #fireflyinsights #metaverse

1. World of Metaverse
A view from Fireflylabz

2. What is Metaverse?
The Metaverse is a collective virtual open space, created by the convergence of
virtually enhanced physical and digital reality
Evolution of today's internet that leverages mobile devices, augmented and
virtual reality headsets, and next-generation networks to create persistent and
continuous user experiences with a strong sense of presence
A metaverse is a network of 3D virtual worlds focused on social connection.
In futurism and science fiction, it is often described as a hypothetical iteration of
the Internet as a single, universal virtual world that is facilitated by the use
of virtual and augmented reality headsets

3. By 2026
Future Outlook
By 2025 By 2030
Of CAGR Growth
expected in AR/VR
market
68% 25%
Of all people will spend at least
1 hr/day in Metaverse for work,
Shopping, Education, socializing
or entertainment
Jobs worldwide will
use AR & VR
Source: Gartner
23.5
MN

4. Elements of Metaverse
Source: Gartner

5. Why So Hype
Source: Gartner
Metaverses to augment the digital and physical realities of people
Virtual Community
Participating in a virtual social
experience
Immersive Shopping
Purchasing outfits and
accessories for online avatars
Real Estate
Buying Digital Land and
Constructing Virtual Homes
Virtual Interactions
Interacting with digital humans for
onboarding employees, customer
service, sales etc.
Virtual Learning
Using virtual classrooms to
experience immersive learning
Digital Arts
Buying digital art, collectibles
and assets (NFTs)

6. Is Metaverse there today
Source: Forrester
There Is No Metaverse Today, But Be Prepared says Forrester
Of US adults are
excited for Metaverse
34%
Of US B2C Marketing Executives
Plan To Invest in “Metaverse” this
Year, despite Consumer Skepticism
>75%
feel brands should deliver branded
experiences in the metaverse
Only
14%
of global business/tech professionals say that
their organization will adopt metaverse or
virtual-world solutions over the next 12
months to support workplace collaboration
58%

7. Key players to Watch

8. Metaverse for Retail & CPG
Use cases
IKEA AR App
Immersive Shopping
Virtual Try on
Product Launch/Gamification
L’Oreal Virtual Tryon

9. Metaverse for Healthcare
Use cases
UCON health Orthopaedic
surgery training
Virtual training
Learning/Simulation
Virtual Therapy
Optivu Surgical Demo
Augmedics AR
Spine system

10. Metaverse for Travel & Tourism
Use cases Palm Dubai 360 view
Virtual Experience
360* Video/Virtual tours
Virtual Events/Shows
Muséum national d’Histoire
naturelle

11. Metaverse for Manufacturing
Use cases
Warehouse Ops
Digital Twins
Field Service assistance/
Enterprise Training
Virtual
Warehouse/Operations
Bionic Exoskeleton

12. Metaverse for Automobile
Use cases
TAFE Tractors AR
Product launch/Brochures
Virtual test drive
Virtual Events/Product
Launch
Toyota Accessories AR

13. Metaverse for Banking
Use cases
Westpac AR App
Virtual banking
Virtual trade/Advisory
Crypto & Blockchain
Axis bank App

14. Money in Metaverse
Source: Citi GPS Report

15. Key Challenges
Privacy Cyber Security
Legal issues Identity hacking
Desensitization
Protection for children Health Concerns

16. Who we are?

17. fireflylabz
“
We Ideate, Design & Develop innovative ambitious Digital
Products & solutions for Startups and Enterprises
”
50+
Projects
100K+
Lines of code
20+
Clients
2+
Years

18. Our Digital Offerings
Talent Sourcing
Connecting Right Skills with
Right team
Ideation & Design
Design Best in class user experience
Product Ideation & Prototyping
Develop & Deploy
Responsive Web Applications
Native & Hybrid Mobile applications

19. To Collaborate
Contact us at
info@fireflylabz.com