Top Metaverse Platforms to Know about in 2024|TechTarget

Remember the metaverse? The it technology of 2022 was unceremoniously pushed out of the limelight in 2023 by new entrant ChatGPT, the leading generative AI technology that has been making a huge splash in both the business and consumer realms.

“2023 felt like all generative AI, all the time,” observed Mike Bechtel, chief futurist at Deloitte Consulting. “2024 will be a more balanced conversation involving a greater range of technologies, and a meaningful part of that will be about metaverse, or as some are increasingly calling it, spatial computing.”

Blame the post-COVID world for the lack of enthusiasm about the metaverse in 2023. “Compelling use cases failed to emerge while consumers returned to in-person work and events as the pandemic waned,” according to Forrester’s “Ten More Top Emerging Technologies for 2023” report.

The metaverse is one of two that “will not deliver expected benefits for five or more years,” the report said, noting that “investing in these technologies should be labeled ‘caveat emptor.'”

But don’t rule out the metaverse altogether, observers said, as it made some strides in 2023, notably, in the industrial sector, and it will gain traction in other industries in 2024. Virtual worlds will continue to flourish in industrial use cases “where modeling and digital twins deliver clear business benefits, but the integration of these worlds into a metaverse will be years more in the making,” the Forrester report said.

There are three areas where metaverse technology offers potential business value, the report asserted:

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