World of Metaverse

A view from Fireflylabz

What is Metaverse?

The Metaverse is a collective virtual open space, created by the convergence of

virtually enhanced physical and digital reality

Evolution of today's internet that leverages mobile devices, augmented and

virtual reality headsets, and next-generation networks to create persistent and
continuous user experiences with a strong sense of presence

A metaverse is a network of 3D virtual worlds focused on social connection.

In futurism and science fiction, it is often described as a hypothetical iteration of
the Internet as a single, universal virtual world that is facilitated by the use
of virtual and augmented reality headsets
Future Outlook

Of all people will spend at least

68% Of CAGR Growth
expected in AR/VR 25% 1 hr/day in Metaverse for work, 23.5 Jobs worldwide will
use AR & VR
market Shopping, Education, socializing MN
or entertainment

By 2025 By 2026 By 2030

Source: Gartner
Elements of Metaverse

Source: Gartner
Why So Hype
Metaverses to augment the digital and physical realities of people

Immersive Shopping Real Estate Virtual Community

Purchasing outfits and Buying Digital Land and Participating in a virtual social
accessories for online avatars Constructing Virtual Homes experience

Virtual Learning Digital Arts Virtual Interactions

Using virtual classrooms to Buying digital art, collectibles Interacting with digital humans for
experience immersive learning and assets (NFTs) onboarding employees, customer
service, sales etc.

Source: Gartner
Is Metaverse there today
There Is No Metaverse Today, But Be Prepared says Forrester

Only
Of US adults are feel brands should deliver branded
34% excited for Metaverse 14% experiences in the metaverse

of global business/tech professionals say that

Of US B2C Marketing Executives
>75% Plan To Invest in “Metaverse” this
Year, despite Consumer Skepticism
58% their organization will adopt metaverse or
virtual-world solutions over the next 12
months to support workplace collaboration

Source: Forrester
Key players to Watch
 Metaverse for Retail & CPG
IKEA AR App L’Oreal Virtual Tryon
Use cases

Immersive Shopping

Virtual Try on

Product Launch/Gamification
Metaverse for Healthcare
UCON health Orthopaedic Optivu Surgical Demo
surgery training
Use cases

Virtual training

Learning/Simulation

Virtual Therapy Augmedics AR

Spine system
Metaverse for Travel & Tourism
Muséum national d’Histoire
Use cases Palm Dubai 360 view naturelle

Virtual Experience

360* Video/Virtual tours

Virtual Events/Shows
Metaverse for Manufacturing
Warehouse Ops Bionic Exoskeleton
Use cases

Digital Twins

Field Service assistance/

Enterprise Training

Virtual
Warehouse/Operations
 Metaverse for Automobile
TAFE Tractors AR Toyota Accessories AR
Use cases
Product launch/Brochures

Virtual test drive

Virtual Events/Product
Launch
Metaverse for Banking
Westpac AR App Axis bank App
Use cases

Virtual banking

Virtual trade/Advisory

Crypto & Blockchain

Money in Metaverse

Source: Citi GPS Report

Key Challenges
Privacy Cyber Security

Legal issues Identity hacking

Desensitization

Protection for children Health Concerns

Metaverse
Top Platforms
Who we are?
fireflylabz
“
We Ideate, Design & Develop innovative ambitious Digital
Products & solutions for Startups and Enterprises
”
50+ 20+ 100K+ 2+
Projects Clients Lines of code Years
 Our Digital Offerings

Ideation & Design Develop & Deploy Talent Sourcing

Design Best in class user experience Responsive Web Applications Connecting Right Skills with
Product Ideation & Prototyping Native & Hybrid Mobile applications Right team
To Collaborate

Contact us at
info@fireflylabz.com