December 19, 2024

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Industries expected to dominate adoption in the Metaverse according to World Economic Forum report

World Economic Forum report on Metaverse predicts that these industries will lead in adoption

The manufacturing companies in the US are embracing the Metaverse, according to a recent report by the World Economic Forum (WEF). Titled ‘Navigating the Industrial Metaverse: A Blueprint for Future Innovations’, the report reveals that 92% of US manufacturing executives are actively exploring ways to integrate the Metaverse into their operations. The report emphasizes that the Metaverse has the potential to revolutionize the industrial sector by merging the digital and physical worlds, enhancing experiences, boosting engagement, and increasing productivity through the creation of new realities.

The COVID-19 pandemic has played a significant role in driving this interest, prompting manufacturing companies to accelerate production cycles, improve efficiency, and reduce costs through predictive forecasting. Industries such as automotive, energy, software and platforms, and aerospace and defense are currently leading the way in Metaverse investment and activity.

The report provides examples of companies like Amazon, which is using the Nvidia Omniverse cloud services platform to enhance warehouse design and robot workstations through simulations. The industrial sector is poised to capitalize on the opportunities presented by the Metaverse to elevate its ambitions and navigate the challenges of the post-pandemic world.

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