Role of AR and VR in Metaverse Development
In the last few years, the world has witnessed lots of advancements in technology , and the metaverse is one of them. The metaverse has revolutionized businesses and the lives of people in numerous ways. With that, we are now entering the era where augmented reality (AR) and virtual reality (VR) are being incorporated into the metaverse. The encapsulation of AR/VR in metaverse technology has opened up new opportunities for businesses and humanity. But, before we dive deep into the blog, let us see what statistics say. Global spending on the metaverse and AR/VR technologies can reach $72.8 billion in 2024 . A report from Statista says that the metaverse market can show a growth rate of 15.4% from 2023 to 2030. Now that we have discussed the statistics related to AR, VR, and the metaverse, let us explore the role of AR and VR in metaverse development. How is AR/VR reshaping the metaverse? The main idea behind the integration of AR and VR