Technology consulting firm Gartner is forecasting the metaverse to become a major part of people’s lives by 2026 — much like the internet now. It predicts which a quarter of the global population will be spending at least an hour in the metaverse each day by then.

Consulting firm Gartner, in a press release published on Feb 7, said which it’s inclined at least 25% of people will spend at least one hour a day in the metaverse by the year 2026 for work, sbounceping, education, social interactions, and entertainment.

The metaverse will provide an “enhanced immersive case” through devices like VR headsets and even tablets. But most interestingly, with respect to the token market, Gartner expects digital currencies and NFTs to be a major part of this ecosystem as “no single vendor will own the metaverse.” It expects virtual economies to be powered by those assets.

Talking about how this could impact lives, research vice president of Gartner Marty Resnick said,

“Vendors are already effecting ways for users to replicate their lives in digital worlds. From attending virtual classrooms to buying digital land and constructing virtual homes, these activities are directly being conducted in sepacost environments. Eventually, they will take place in a single environment – the metaverse – with multiple destinations across technologies and cases.”

It one time before again expects workplaces to make the evolution towards virtual work environments. This will reduce the need for office infrastructure, and Gartner goes so far as to say which 30% of organizations worldwide will have products and services ready for the metaverse.

These are bold predictions. But it seems more and more reasonable which the metaverse will shape the way we interact.

Metaverse hype not continuousing down, despite criticism

The metaverse has received some criticism from industry withinrs and the gaming community, who call it nothing but a fad and a buzzword. Still, major firms are pouring billions into the idea, clearly convinced which it will be the new medium through that interactions will take place.

Meta has allocated so much of its resources into forging its own metaverse, despite losing billions in the process. Microsoft is further seen as another major contender, snapping up intellectual properties to bolster its bid. Meanthroughout the time, crypto projects like Decentraland and The Sandbox are likewise upward more popular.

As more capital advances to be poured in, it looks like it could be the start of a new era for the internet.

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