- Virtual and augmented reality will be used to access most metaverse locations. Apple, Sony, Microsoft, and Facebook's parent company Meta are among the corporations developing metaverse goods. Virtual reality, which was worth $30 billion in 2021, is expected to grow to $300 billion by 2024, according to experts.
- Many more uses for the technology are being developed. Seoul, South Korea, for example, will build a virtual duplicate of the city as part of its Seoul Vision 2030 plan. Residents will be able to connect with city officials, attend community activities, and visit museums and restored historical locations via the virtual environment. The city claims that building its metaverse will take a decade and that it will be accessible through VR and AR headsets.
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