Metaverse is among the top 10 strategic technology trends for 2023: Gartner

Metaverse is among the top ten strategic technology trends for 2023, according to technology research and consulting firm Gartner, Inc.

Metaverse is stepping up its influence and would expand to become one of the trending topics among fintech.

Frances Karamouzis, analyst at Gartner, explains:

“Gartner’s Strategic Technology Trends for 2023 revolve around three themes – optimize, scale and pioneer – where technologies can help organizations optimize resiliency, operations or trust, scale solutions verticals and product delivery, and to innovate with new forms of engagement, accelerated responses or opportunity.”

Because the Metaverse provides enhanced immersive experiences, Gartner anticipates that a fully integrated Metaverse will be non-vendor owned and device agnostic. According to the report:

“It will have a virtual economy in itself, made possible by digital currencies and non-fungible tokens (NFTs). By 2027, Gartner predicts that more than 40% of large organizations worldwide will use a combination of Web3, cloud AR, and digital twins in metaverse-based projects aimed at increasing revenue. »

Gartner suggested it won’t just be about delivering technology in 2023, as environmental, social and governance (ESG) regulations and expectations need to be factored in.

Karamouzis added:

“To improve their organization’s financial position during turbulent economic times, CIOs and IT leaders must look beyond cost savings to new forms of operational excellence while continuing to accelerate digital transformation.”

Among the top 10 strategic technology trends in 2023 are super apps, adaptive artificial intelligence (AI), sustainability, applied observability, digital immune system and industry cloud platforms.

Meanwhile, Dubai Ajman Police broke the story by revealing that they will start offering services to citizens in the metaverse, Blockchain.News reported.

Image source: Shutterstock

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