Metaverse Hits Top 10 Strategic Technology Trends for 2023: Gartner

Brian Njuguna  Oct 18, 2022 16:30  UTC 08:30

2 Min Read

Metaverse is among the top ten strategic technology trends for 2023, according to technological research and consulting firm Gartner, Inc. 

Metaverse escalates its influence and would extend to be one of the trending topics among fintech. 

Frances Karamouzis, a Gartner analyst, pointed out:

“The Gartner strategic technology trends for 2023 are built around three themes — optimize, scale and pioneer — where technologies can help organizations optimize resilience, operations or trust, scale vertical solutions and product delivery, and pioneer with new forms of engagement, accelerated responses or opportunity.”

Since the metaverse renders enhanced immersive experiences, Gartner anticipates that a fully-integrated metaverse won’t belong to a single vendor and will be device-independent. Per the report:

“It will have a virtual economy of itself, enabled by digital currencies and non-fungible tokens (NFTs). By 2027, Gartner predicts that over 40% of large organizations worldwide will use a combination of Web3, AR cloud and digital twins in metaverse-based projects aimed at increasing revenue.”

Gartner suggested that it will not be just about delivering technology in 2023 because environmental, social and governance (ESG) regulations and expectations have to be incorporated.

Karamouzis added:

“To enhance their organization’s financial position during times of economic turbulence, CIOs and IT executives must look beyond cost savings to new forms of operational excellence while continuing to accelerate digital transformation.”

Among the top 10 strategic technology trends in 2023 include super apps, adaptive artificial intelligence (AI), sustainability, applied observability, digital immune system, and industry cloud platforms.

Meanwhile, the Dubai Ajman Police force has broken history based on the revelation that it will start to offer services to citizens in the metaverse, Blockchain.News reported. 


Image source: Shutterstock

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