Insight Report 16 minutes PremiumStrategies for the Metaverse: How Retailers Can Overcome the Biggest Hurdles to Adoption Coresight Research November 3, 2022 What's InsideThe 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: Ebook: Building Blocks of the Metaverse Our full coverage of the metaverse All coverage of retail technology 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: 10 US Consumer and Retail Trends 2024: Insights Presented at Lectra’s Ideation 2023Who Shops Where? 2024 Shopper Demographics: US Consumer Survey Insights ExtraWeekly US and UK Store Openings and Closures Tracker 2023, Week 10: US Openings Cross 3,500Market Navigator: US Department Stores—Softness Ahead Despite Opportunities in Experiences and Alternative Models
