Blockchain services Metaverse911 launched Metaverse Experience Center (MEC) in Noida, Uttar Pradesh on Tuesday, to redefine the way the industry learns and explores Immersive extended reality (XR) Technologies.
In October 2023, Allied Market Research published a report with regard to the metaverse in the automotive industry, where it mentioned global metaverse in the automotive market generated $2.18 billion in 2022 and is expected to generate $27.18 billion by 2032.
The metaverse is the three-dimensional digital realm that uses virtual reality, augmented reality, and other advanced internet and semiconductor technology to provide individuals with lifelike personal and professional experiences online.
The company said this project is directed by the Metaverse911 team and equipped with XR technology, providing visitors with a platform to explore a variety of virtual landscapes, from futuristic cities to industrial floors.
“Our goal is to provide a platform for CIOs, CTOs, CXOs and industry leaders to explore solutions that can be implemented to solve their organisational challenges ushering in a new era of digital innovation in the country,” said Rahul Sethi, Founder of Metaverse911.
According to the Mckinsey report, the metaverse’s projected potential economic value varies widely, consumer and enterprise use cases predict it might produce up to $5 trillion in impact by 2030.
Metaverse911 is headquartered in Noida, Uttar Pradesh, and was founded in 2022. It provides clients with modified solutions to assist them expedite their journey in the Metaverse and Web 3.
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