Browsing: Metaverse

Recently, Meta announced plans todiscontinue its flagship metaverse venture, Horizon Worlds, on Meta Quest virtual reality (VR) headsets.Though the decision has been temporarily delayed due to user backlash, it signals the broader stagnation of the consumer-facing metaverse. At the same time,industrial metaverses are estimated to growto $543 billion by 2033 at a compounded annual growth…