What is the Metaverse? Challenges, Opportunities, Definition, and Future Research Directions

Cho, Justin; Dieck, Mandy Claudia tom; Jung, Timothy

doi:10.1007/978-3-031-25390-4_1

Cited by 17 publications

(8 citation statements)

References 56 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The widespread adoption of the Metaverse could democratize access to information and opportunities, but it also raises questions about privacy, data security, digital identity, and content moderation. Regulatory frameworks will need to evolve to address these challenges and ensure that the Metaverse remains a safe and inclusive environment for all users [49][50][51][52].…”

Section: Future Directions and Implications Of Metaversementioning

confidence: 99%

Exploring Current Technologies, Applications, and Challenges in the Metaverse: A Comprehensive Survey

Malik,

Rana

2024

JGEU

View full text Add to dashboard Cite

A brand-new class of Internet applications and social media platforms called Metaverse integrates many cutting-edge technology. The word “metaverse,” which was originally coined almost 20 years ago to represent a speculative virtual environment, describes a world in which users of augmented reality technology only experience psychological effects. Virtual world-based computer games were the first use of the Metaverse. Businesses that offered gaming services were vying with one another to give customers more unique experiences. The Metaverse, a concept popularized by science fiction, is rapidly becoming a tangible reality with the advancement of virtual and augmented reality technologies. This paper presents a comprehensive survey of the current state of the Metaverse, focusing on the technologies driving its development, diverse applications across industries, and the challenges hindering its widespread adoption. Through an in-depth examination of existing literature, industry reports, and technological advancements, this survey provides insights into the evolving landscape of the Metaverse and offers perspectives on its potential impact on society, economy, and human interaction.

show abstract

Section: Future Directions and Implications Of Metaversementioning

confidence: 99%

Exploring Current Technologies, Applications, and Challenges in the Metaverse: A Comprehensive Survey

Malik,

Rana

2024

JGEU

View full text Add to dashboard Cite

show abstract

“…The metaverse, a neologism from the terms "meta" (implying transcending or beyond) and "universe" (Duan et al, 2021) has been defined through diverse concepts comprising elements from extended reality (XR), virtual worlds, mirror worlds, and lifelogging (Cho et al, 2023) without being conclusively clarified so far. In the scoping review they called it "an augmented digital world that is blending physical and virtual spaces through the use of extended reality (XR) and artificial intelligence-based systems for users to interact, and/or trade virtual goods or services through cryptocurrencies (e.g., NFTs), with one another and other/virtual entities."…”

Section: Related Workmentioning

confidence: 99%

“…Although cybersickness might still be an issue, many products can be presented in VR (Israel et al, 2019). The metaverse likewise offers several benefits from a general marketing perspective (Cho et al, 2023), extensive brand engagement, and direct sales (Dwivedi, Hughes, et al, 2023a). Virtual offices and meeting spaces allow more efficient collaboration than video conferences, and virtual storefronts can provide access to a global market for small businesses (Forbes, 2022).…”

Section: The Metaverse: Potentials and Limitationsmentioning

confidence: 99%

“…Older research on virtual worlds typically focused on aspects like realism, ubiquity, interoperability, and scalability (Dionisio et al, 2013). More recent research often looks at definitions (Lee et al, 2021;Ritterbusch and Teichmann, 2023) and explores challenges and opportunities (Cho et al, 2023), or risks and threats (Dwivedi, Kshetri, et al, 2023b;. While age is an implicit aspect of every population, it is often not discussed explicitly.…”

Section: The Metaverse: How Age Matters Implicitlymentioning

confidence: 99%

See 1 more Smart Citation

Young skeptics: exploring the perceptions of virtual worlds and the metaverse in generations Y and Z

Korn,

Zallio,

Schnitzer

2024

Front. Virtual Real.

View full text Add to dashboard Cite

The Metaverse, a transformation of the internet by XR-technologies progressively blending the digital and physical world, is already changing our social structures. The success of VR-headsets like Quest has made both virtual worlds and the “metaverse” ubiquitous. This technological evolution yields the potential to fundamentally change the way we communicate, live, and work together. At the same time, the perceptions of how these worlds affect our lives differ considerably. To that end, this study investigates the perceptions of 115 younger people from the generations Y and Z, the potential “power users” of virtual worlds. In addition, it investigates differences in perception between non-academics and academics. We looked at perceived knowledge, preferred usage scenarios, interaction with avatars and embodiment, perceived problems and challenges, personal worries, solutions for safeguarding, and institutions to drive safeguarding. While generation Y and Z are often aligned, it is a major finding that in the cases they differ, the younger generation Z is more skeptical. Likewise, non-academics are more skeptical than academics. Finally, we found differences in perception related to gender and provide possible explanations and recommended actions.

show abstract

“…The new virtual space is like the beginning of Web 1.0, after 1992, when nobody had any idea what the Internet would mean or what it would become. Experts [14][15][16] have proven the existence of several distinguishable features, such as the use of AI, VR, and AR technologies in the creation and interaction of this new world. (Figure 2).…”

Section: Introductionmentioning

confidence: 99%

Environmental Sustainability of Metaverse: Perspectives from Romanian Developers

Vlăduțescu,

Stănescu

2023

Sustainability

View full text Add to dashboard Cite

The metaverse is currently in the process of development and has applications in various fields, ranging from the gaming industry to art, communication, education, and fashion. Researchers regard the metaverse as the future of the internet, and, in this context, the impact of this new universe’s development on the environment needs to be investigated to find viable solutions for its sustainability. We have discussed the economic and social sustainability consequences of the metaverse, and we have largely concentrated on the environmental effects. In conducting this research, we used a quantitative methodology mainly based on a structured questionnaire. We analyzed the impact of the metaverse on the environment from the perspective of professionals in the Romanian software development and programming industries. We selected this sample because the field is newly emerging and because they are experts on how the metaverse functions and evolves. We concluded that IT professionals believe that the new universe could have several negative impacts on the natural environment, such as increased power consumption or increased CO2. emissions and the negative impact can be mitigated by adopting clear regulations and sustainable policies at the international level. This study aims to contribute to the long-term sustainability of the metaverse ecosystem by facilitating a comprehensive understanding of its functioning and evolution, as well as by addressing potential negative impacts on the natural environment. Additionally, the study seeks to make a scholarly contribution to advancing a sustainable metaverse by fostering informed decision-making processes and encouraging responsible practices within the industry. This research might be useful for technology companies, academics, and policymakers.

show abstract

What is the Metaverse? Challenges, Opportunities, Definition, and Future Research Directions

Cited by 17 publications

References 56 publications

Exploring Current Technologies, Applications, and Challenges in the Metaverse: A Comprehensive Survey

Exploring Current Technologies, Applications, and Challenges in the Metaverse: A Comprehensive Survey

Young skeptics: exploring the perceptions of virtual worlds and the metaverse in generations Y and Z

Environmental Sustainability of Metaverse: Perspectives from Romanian Developers

Contact Info

Product

Resources

About