
Rajan R Navani, Vice Chairman and MD, Jetline Group of Companies, JetSynthesys at AIMA’s 60th LeaderSpeak Session
The evolving technology and the introduction of 5G has only fueled the growth of Metaverse. People are already connected and are engaging extensively through social media, metaverse adds an extra dimension to it by making it more immersive, said Mr. Rajan R Navani, Vice Chairman and MD, Jetline Group of Companies, JetSynthesys at AIMA’s 60th LeaderSpeak Session on ‘The Metaverse Conversation’.
The idea of the metaverse was popularised in science fiction a few years ago and in recent years, Hollywood films have given us a glimpse of the possibilities of a metaverse. Now, there is a spate of forecasts about metaverse technology’s potential to expand the business and the economy. A report suggests that the metaverse economy could be worth $13 trillion by 2020 if it can be integrated with mobile phones. Corporates can foresee huge opportunities to build virtual empires of their own and are studying how to develop metaverse properties and how to monetise those.