TECHNOLOGY AND TECHNOLOGY-DRIVEN industries thrived when most other sectors of the economy floundered through the pandemic that raged on through 2021. The tech sector grew manifold and the trend is expected to continue through 2022. Industry experts are confident that technological wonders, particularly of the virtual world, will witness a strong and steady growth, prompting BW Businessworld to scout out the biggest and most defining technology trends expected through 2022.
The Metaverse was a buzzword coined during 2021, even though most were unaware of the coinage. When social media company Facebook announced its interest in Metaverse, however, it quickly became the hot topic of the year.
Facebook has recently rebranded as ‘Meta’, in keeping with its plans to create an online world in which people can communicate and interact, using virtual reality (VR) headsets.
If you still can’t figure out what this term means, don’t worry, we’ll spell it out for you. Simply put, Metaverse is a kind of virtual space set, enabling people to create their own virtual world. It is a 3D virtual space that anyone can create and share with another person who is not present in that physical space, pretty much the way you have seen in science fiction movies. Using this Metaverse, anyone can hang out, play, work, learn, shop and make friends virtually.
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