16 minutes

Strategies for the Metaverse: How Retailers Can Overcome the Biggest Hurdles to Adoption

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Tej Kamaraju, Analyst
Insight Report

What's Inside

The metaverse is a key retail trend that Coresight Research is watching. However, it is still in its early stages and constantly evolving; there are challenges for brands and retailers in implementing Web 3.0 strategies to establish a presence in the metaverse.

We identify four key hurdles to metaverse adoption and discuss how retailers can overcome them. We cover technologies including AR, VR, blockchain and NFTs (non-fungible tokens).

Data in this report include:

  • Estimated value of retail sales in the metaverse and virtual stores
  • Total value of daily global NFT sales

Other relevant research:

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