In this article we are going to list the 5 Biggest Metaverse Companies in the World. For a detailed coverage of this topic and a more comprehensive list please take a look at the 12 biggest metaverse companies in the world.
5. Tencent
Earlier this year, Reuters announced that Tencent, the Chinese giant, had made its entry in the metaverse, after creating an “extended reality” division which will focus on the development of hardware and services for the metaverse. There isn’t a lot of information pertaining to this division available in public as the company is being quite secretive.
4. NVIDIA Corporation (NASDAQ:NVDA)
NVIDIA Corporation (NASDAQ:NVDA) is known for its graphics processing units and its foray into the artificial intelligence world. NVIDIA Corporation (NASDAQ:NVDA) has launched the Nvidia Omniverse, an “evolutionary new platform for virtual collaboration and simulation. Omniverse is enabling individuals and companies across multiple industries to address the challenges of complex 3D workflows by connecting users, content creation tools, and enabling artificial intelligence to be used across shared virtual worlds.”
3. Microsoft Corporation (NASDAQ:MSFT)
The largest software company in the world, Microsoft Corporation (NASDAQ:MSFT) has partnered with Meta Platforms as they aim to deliver immersive experiences in both work and play. Microsoft Teams, a business communication platform created by Microsoft Corporation (NASDAQ:MSFT), now has over 270 million active users and is the most popular such platform in the world. According to Microsoft Corporation’s (NASDAQ:MSFT) Work Trend Index, more than 50% of millennials and Gen Z envision a future where some of the work will be done within the metaverse. One of the products being brought by the company is Mesh for Microsoft Teams to Meta Quest devices, which will allow people to gather virtually for work and allow them to collaborate as if they were in person.
2. Alphabet Inc. (NASDAQ:GOOG)
Alphabet Inc. (NASDAQ:GOOG) is one of the biggest companies in the world and the parent company of Google. You may be familiar with Google Glasses, which were ahead of their time and didn’t really take off. This led to Alphabet Inc. (NASDAQ:GOOG) stopping the production of augmented reality devices as the market wasn’t as significant, though now it seems the company is returning to the development of AR devices. According to a group product manager at Alphabet Inc. (NASDAQ:GOOG) “Augmented reality (AR) is opening up new ways to interact with the world around us. It can help us quickly and easily access the information we need — like understanding another language or knowing how best to get from point A to point B.” However, it is important to note that the new products are in prototype and need further development.
1. Meta Platforms, Inc. (NASDAQ:META)
We’ve already discussed that Meta Platforms, Inc. (NASDAQ:META) completely rebranded itself to signify its belief and commitment to the metaverse, but now we’ll discuss some of its plans to do exactly that. The company claims to be “moving beyond 2D screens and into immersive experiences in the metaverse, helping create the next evolution of social technology.” To access the metaverse, you can purchase the Meta Quest, while the Meta Spark is a platform that provides the required tools and resources needed by augmented reality users. Smart glasses are another piece of technology that the company has come up with, which will provide a gateway to the metaverse where you can record audio and video through your glasses and add augmented reality touches as well.
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