Insight Report 15 minutes PremiumThe Metaverse Is Not Dead: Defying the Rumors of Its Demise Terence Ng, Senior Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research June 13, 2023 What's InsideWith recent attention shifting to generative AI (artificial intelligence) and the emergence of the “crypto winter,” are we seeing the demise of the metaverse? We explore recent metaverse-related developments—both positive and unfavorable—that paint a picture of the current state and long-term potential of the metaverse. We lay out what brands, retailers and solution providers need to know to drive success in the virtual world. Data in this report include: Proprietary survey data: how US consumers are using the metaverse Coresight Research estimates for the size and growth of global retail sales in the metaverse and virtual stores, 2022–2030E Companies mentioned in this report include: Apple, Coca-Cola, Deemos Technologies, Disney, Meta, Microsoft, Nestlé Cereals, Shiseido Other relevant research: US Metaverse Fashion Market: Rapid Growth Ahead, Six Challenges To Watch More research reports on the metaverse ChatGPT and Generative AI: Five Things Retailers Should Know—Update This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Retail Shrink and ORC: Retailers Ramp Up Rollout of Anti-Theft Technologies; Shoplifting Offenses in England and Wales Reach Two-Decade HighInnovator Profile: The Metav.rs Web3 Platform Helps Brands To Better Create and Manage Metaverse ExperiencesWeekly US and UK Store Openings and Closures Tracker 2023, Week 26: Walgreens Boots Alliance Drives Closures on Both Sides of the AtlanticConsumers Return to Stores Without Slowing Online Shopping: China Consumer Survey Insights