The metaverse sector, although gradually, is showing signs of growth and adoption in different parts of the world. Citing a report by technology intelligence firm ABI Research, the World Economic Forum (WEF) said that nearly 700 cities will have some kind of a metaverse infrastructure by the year 2030. As of now, however, South Korea’s Seoul, UAE’ Dubai, and US’ Santa Monica have been named in the report as the leading cities of the international metaverse sector.
Listing the benefits of cities exploring the metaverse, WEF said this virtual world ecosystem brings along cost savings related to the design, operation, and maintenance of urban infrastructure while also helping city leaders gain ‘political capital’ if the city’s population becomes tech friendly.
“As cities look to decarbonise, digital twin technologies can help by enhancing urban design through simulation, planification and optimisation,” the report highlighted.
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