United Kingdom Metaverse Market to be dominated by VR and AR Technology till 2027
Increased adoption of blockchain technology by fintech industry and trend of trading digitized assets and tokens are expected to drive the demand for the United Kingdom metaverse market throughout the forecast period. According to TechSci Research report, “United Kingdom Metaverse Market By Region, Competition Forecast & Opportunities, 2027” , the United Kingdom metaverse market is expected to witness steady growth in the forecast period. The market is driven by the growing focus on converging digital and physical worlds and the increased awareness about the virtual token and economy. Metaverse is a term used to define a virtual and highly immersive 3D environment using a mixture of augmented reality, virtual reality, and mixed reality. The technology creates a virtual world where users can engage in conducting business, immersive gaming, buy, sell, inspect real estate, and enjoy immersive entertainment facilities. The metaverse technology can act as a boon for the aerospace a...