Insight ReportBuilding Blocks of the Metaverse: The Internet of Things (IoT) and Digital Twins Coresight Research August 8, 2022 Reasons to ReadThe Internet of Things (IoT) provides the crucial link between the virtual and real worlds. Devices fitted with IoT sensors that are connected to 5G networks can help brands and retailers recreate real-world locations in detail and providing immersive virtual experiences. In this report, we explore IoT technology as it relates to the metaverse, covering its key components and the benefits of digital twins. This report is part of our Building Blocks of the Metaverse series, which presents insights into the core technological components of the retail metaverse, including important details for retailers to know in establishing a presence and operating in the virtual space. Read the previous report in the series, on payments. Click here to read more Coresight Research coverage of the metaverse. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly UK Store Openings and Closures Tracker 2025, Week 16: B&M and Tesco Provide Store-Opening PlansFinancial Sentiment Turns Negative; Tariff Pessimism Deepens; Inflationary Trade-Down Persists: US Consumer Survey InsightsEarnings Insights 1Q25: Wrap-Up—Growth Outpaces Declines Across Most SectorsWeekly US Store Openings and Closures Tracker 2025, Week 27: Beauty Brand Miss A Announces Store Expansion