Over the past few months, the term “Metaverse” has been rising in popularity. It is referred to as a decentralized computing platform and virtual reality experience containing diverse digital realms. Metaverse has seen massive growth after the announcement of the CEO of Facebook Mark Zuckerberg. The evolution of virtual reality is showing a huge craze for gaming in the metaverse. The metaverse is rife with rewarding opportunities for Augmented Reality (AR), Virtual Reality (VR), as well as NFT-savvy brands.
Soaring investments in gaming platforms and inclination toward AR, and VR technologies are set to act as a growth lever of the global Metaverse gaming market.
The Covid-19 has shown optimistic growth in the global metaverse gaming market. The significant growth during covid was a result of stringent norms implemented by governments like strict lockdown. Strict lockdown made a huge chunk of the population idle as result people moved towards indoor activities inducing video games. The Covid-19 pandemic has augmented the growth of virtual communities, while new advancements are laying the groundwork for post-covid life. This has successfully accelerated the popularity of gaming in the metaverse.
Microsoft Corporation is a multinational American technology company. Which was founded in 1975. Companies Headquartered at 1 Microsoft Way, Redmond, Washington, 98052, United States. The company produces computer software, consumer electronics, personal computers, and related services. Software companies Well-known products are the Microsoft Windows operating system family, the Microsoft Office Suite, the Internet Explorer, and Edge web browsers. Its flagship hardware products are the Xbox game console and the Microsoft Surface line of touch-screen personal computers.
Tencent also known as Tencent Holdings Ltd. is a Chinese multinational technology and entertainment Company. Which was founded in 1998. Companies Headquartered at Bldg, Kejizhongyi Ave, Shenzhen, Guangdong, China. It is one of the largest video game Making industry in the world. Its subsidiaries globally market various Internet-related products and services, including entertainment, artificial intelligence, and other technologies. The company provides social networks, music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games.
NetEase, Inc is a Chinese Internet technology company. . Which was founded in 1997. Companies Headquartered at Bldg No 7 West Zone Zhongguancun Software Park Phase II, Beijing, Beijing, China. NetEase develops and operates online PC and mobile games, advertising services, messaging services, and e-commerce platforms in China. It is one of the largest Internet and video game companies in the world. company Provides online services centered on content, community, communications, and commerce.
Activision Blizzard, Inc. is a Leading American video game company. Which was founded in 1979. Companies Headquartered at 3100 Ocean Park Blvd, Santa Monica, California, 90405, United States. The company owns and operates additional subsidiary studios, as part of Activision Publishing, including Treyarch, Infinity Ward, High Moon Studios, and Toys for Bob. Among major intellectual properties produced by Activision Blizzard are Call of Duty, Crash Bandicoot, Guitar Hero, Tony Hawk`s, Spyro, Skylanders, World of Warcraft, StarCraft, Diablo, Hearthstone, Heroes of the Storm, Overwatch, and Candy Crush Saga.
Electronic Arts Inc. (Also Known As EA) is a Leading American video game company. Which was founded in 1982. Companies Headquartered at 209 Redwood Shores Pkwy, Redwood City, California, 94065, United States. The company is a pioneer in the home computer game industry. EA develops and publishes games from established franchises, including Battlefield, Need for Speed, The Sims, Medal of Honor, Command & Conquer, Dead Space, Mass Effect, Dragon Age, Army of Two, Titanfall, and Star Wars, as well as EA Sports FIFA, Madden NFL, NBA Live, NHL, and EA Sports UFC titles