The metaverse is a vision of the next iteration of the internet: a single, shared, immersive, persistent, 3D virtual space where humans and machines interact with one another and with data, enhancing the physical world as much as replacing it.
Using data from the 451 Alliance, this report takes a practical look at the state of play in the industrial, enterprise and social spheres of the metaverse. It also clarifies the relationship between metaverse and emerging technologies such as Web3, blockchain, NFTs, cryptocurrency, AI and IoT.