What is the Metaverse?
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What is the Metaverse?

The metaverse is the third wave of industry trends and will be the most important behavioral change in the next 10 to 20 years. At the singularity moment of the metaverse, digital assets will be more valuable than physical assets.
Published: Jan 13, 2022
What is the Metaverse?

What is the Metaverse?

The metaverse is also known as the metaverse, the super-sensory space, the enchanting domain, and the enchanting domain. By 2021, technology giants such as Meta Platforms (Facebook) and Microsoft have announced that they will invest in the construction of the metaverse, igniting the world's curiosity about the metaverse; but in fact, the concept of the metaverse has a history of 30 years. Stephenson invented it in 1992. Dismantling the word metaverse, meta has the meaning of "all-encompassing" and "covering all things", and verse is the abbreviation of "universe". The future Internet used to name the imagination will become an immersive, fully three-dimensional virtual reality, shared by netizens, and exists at any time without offline.

The Metaverse can be described as "Internet+", including Internet+Web3, Internet+ VR/AR, like some kind of function built on the Internet. The metaverse is like a point in time like a singularity, which is the point in time when robots surpass human intelligence, and I think the metaverse is also a point in time.

Why develop the Metaverse?

At present, the metaverse concept proposed by industry leaders focuses on extending and improving existing virtual reality (VR), augmented reality (AR), and mixed reality (MR) technologies, and applied in more vertical fields such as enterprise, education, entertainment, retail, and more. The presentation of this metaverse may not quite fit the description of science fiction, the fully interconnected, ubiquitous Internet; but it still provides many functions that the existing Internet does not have. The props used to connect the Metaverse may be familiar VR wearable devices or new inventions; the backstage of the Metaverse are countless servers in multiple data centers around the world.

The concept of a metaverse is fascinating, but what services a real metaverse can provide and how to use it is unclear. Many of the key technologies are still in the development stage, and most of the relevant public opinions are purely theoretical. The only thing that can be confirmed is that VR, AR, and MR equipment will be the focus of the user end, and server products must be the basic equipment for building the metaverse.

The Metaverse, a digital world in parallel time and space, but what exactly does it take to build the Metaverse? This augmented reality-based metaverse in the cloud requires a lot of resource investment, a lot of time to develop, and the cooperation of companies from different industries. Building a metaverse is also developing a new economic model. The services and goods provided by the future metaverse may not exist yet, and the process of building a metaverse will attract more innovative companies to invest in development.

Metaverse application implementation:

The universe itself is not a new concept. A large amount of money and resources invested in the development of the metaverse, and the fact that more and more people are familiar with the virtual world and can accept the concept of digital assets, is a new phenomenon.

Is the biggest business opportunity of the Metaverse only at the level of games and entertainment? Indeed, games will always be the fastest and the first to adopt new technologies, but it is not limited to games. The most important applications of the metaverse in the future will eventually expand to various industries. In addition to being used in video games, the metaverse is also used for other entertainment, such as concerts, concerts, movies, as well as work, education, and more. Gaming is the metaverse's best testing ground, but it won't be the final destination.

Metaverse business opportunities:

The universe is a new business opportunity with multiple and infinite changes and extensions. From the physical world, we can imagine the continuous development of AR/VR/MR and other terminal devices, and support the infrastructure construction of various devices, as well as the emphasis on high-speed computing capabilities and data storage functions. Huge data centers are indispensable, and this is a physical business opportunity for the Metaverse.

In the virtual world, it can be differentiated from several different angles such as game life platform, work platform, and consumption platform, or cross-domain circulation can be carried out without hindrance. However, in both virtual and real worlds, the semiconductor technology that drives high-speed computing and data storage will only become more and more important in the foreseeable future. This is the integration of virtual and real, but also the predicted metaverse business opportunity.

From the enterprise side, various breakthrough semiconductor technologies such as DDR5, PCIE5, CXL 1.1, etc., these high-bandwidth memories have strong scalability and the ability to respond quickly to operational needs, while the built-in AI acceleration function (Built-in AI Acceleration), are already key technologies that can be mastered. The multiplier effect of AI, quantum technology, in-memory computing, etc., has become a hot topic in the semiconductor industry.

In terms of production and manufacturing, all major factories are expanding their production capacity, and various new innovative technologies are constantly breaking through the limits of the past. The wafer technology evolved from 2D and 2.5D to 3D, and now the market technology has introduced 3D stacking to develop the evolution of small chiplets, and the simultaneous progress is the innovation of materials and equipment. Before 28nm, the application of the copper process confirmed the innovation of materials in the industry. After that FinFET was an innovation in the design structure. After entering 7nm, we saw cross-domain technology integration. It is expected that Moore's Law will continue to apply, and the manufacturing plant will also expand the possibility of participating in various new innovative applications from pure mass production.

In the past, the era of technology-driven and product-driven is slowly passing away. How to find business opportunities in combination with applications has become another major issue besides technological breakthroughs. The Metaverse is a business opportunity that alternates between virtual and real. The technological progress of the semiconductor industry relies on the simultaneous innovation of materials and design structures. Even this industry is faced top-down brand owners in the past, now it has to face consumers and users from the bottom up. bidirectional demand. The dual-track operation is taking shape, and the future will face a more diverse and ever-changing world.

Future estimates of Metaverse:

It is estimated that the global virtual reality application content market will reach US$2.16 billion in 2021, and will reach US$8.31 billion by 2025, with a compound annual growth rate of 40%.

The Metaverse will consist of countless virtual worlds interconnected with each other and closely linked to our real world. The Metaverse will be a solid economic model covering work and play, and long-established industries and markets, such as finance and banking, retail, education, health, and even adult entertainment will change.

Taiwan has advanced software and hardware integration capabilities, and some technology manufacturers such as chip design, packaging and testing, and AR/VR devices are also optimistic about the "Metaverse" business opportunities and are rushing to attack the virtual reality supply chain. It is expected that the Metaverse trend can replace Taiwan's the technology industry has brought a new wave of growth momentum.

Published: Jan 13, 2022 Source :cw, Source :digitimes

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