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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

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Elements of Metaverse
Source: Gartner

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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%

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Key players to Watch

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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

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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

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Money in Metaverse
Source: Citi GPS Report

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

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Who we are?

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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

More Related Content

World of 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
  • 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%
  • 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
  • 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