About 25% people will spend 1 hour daily in metaverse soon
One in 4 people is expected to spend at least one hour a day in the metaverse for work, shopping, education, social and/or entertainment by 2026, a Gartner report forecast on Monday.
New Delhi: One in 4 people is expected to spend at least one hour a day in the metaverse for work, shopping, education, social and/or entertainment by 2026, a Gartner report forecast on Monday.
However, the adoption of metaverse technologies is nascent and fragmented, and the research cautioned organisations about investing heavily in a specific metaverse.
"It is still too early to know which investments will be viable in the long term, but product managers should take the time to learn, explore and prepare for a metaverse in order to position themselves competitively," said Marty Resnick, research vice president at Gartner.
The new technology buzzword is led by Meta (formerly Facebook) which is investing $10 billion towards building metaverse.
According to the latest data from market intelligence platform Sensor Tower, 522 mobile apps are already using the buzzword to gain new users and earn more money via various app stores.
