Insight ReportStrategies for the Metaverse: How Retailers Can Overcome the Biggest Hurdles to Adoption Coresight Research November 3, 2022 Reasons to ReadThe 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: Higher- and Lower-Income Consumers Drive Financial Optimism to Four-Month High: US Consumer Survey InsightsEarnings Insights 4Q24, Week 2: Columbia Sportswear, Mondelēz and Tapestry See Sales Growth; Clorox, Estée Lauder and PepsiCo Report DeclinesUS Fashion Resale Market: Solid Growth Amid Inflationary Environment as Consumers Seek Value—Premium Subscriber CallAnalyst Corner: Why India Retail is Primed for a Blockbuster Festive-Sale Season, with Manik Bhatia
