This week, Gartner published its hype cycle for emerging technologies that it deems as potentially disruptive tech at an early stage of development. One of the three featured themes was immersive experiences, including decentralized identity, the metaverse, non-fungible tokens (NFTs) and web3.
While it places decentralized identity (DID) and NFTs as past the peak of inflated expectations, the metaverse is still near the start of a journey of more than ten years.
Earlier this year, the research company predicted that by 2026 a quarter of people would spend at least an hour a day in the metaverse for work, shopping, education, social and entertainment. And 30% of organizations will have products and services ready for the metaverse.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
