Metaverse Hype Stalls While VR, AR Technology Advances
SearchCIO, Thursday, June 15,2023
The metaverse hype has died down, but new advancements in virtual reality technology like Apple's new headset are regenerating some interest.
The metaverse concept garnered significant interest during the COVID-19 pandemic. While it has since lost its luster for enterprise businesses, it could soon regain some traction.
The metaverse is a virtual world where consumers can interact with businesses through shopping, working and entertainment. The pandemic and the shift to remote work increased interest in virtual worlds, augmented and virtual reality headsets, and the metaverse. Companies like Roblox and Meta have built their own metaverses users can engage in.