Interestingly, according to Retail Insight Network, the keyword metaverse is among the top 5 tweeted on retail technology in the first quarter of 2022. This is thought-provoking because it proves that consumers and retail owners are rooting for virtual reality in hindsight. What if you could wear and test clothes before you buy them? Or see what a piece of furniture would look like in your home before you purchased it? This article will look more into what metaverse retail means for the industry.
Metaverse is expected to grow from $100.27 billion in 2022 to $1,527.55 billion in 2029, at an annual growth rate of 47.6%. This number is just a cherry on top of the million other things metaverse is accomplishing today. Imagine working from home but in a virtual office. Going to school and trying on clothes realistically, […]
According to the United Nations, the world population is expected to reach 9.7 billion by 2050. But is our Agri sector equipped to face this future? Even today, global concerns like malnourishment and poverty demand accelerated food production and distribution. Our (Humanity’s) best shot today is to bring smart sensors, artificial intelligence, blockchain, predictive analytics, […]
Introduction: In an increasingly connected and data-driven world, harnessing the power of artificial intelligence (AI) has become crucial in various sectors. One area where AI shows immense potential is predictive policing, a method that leverages data analysis to anticipate and prevent criminal activities. Traditional approaches to predictive policing have relied on statistical models and historical […]
The internet culture is working rapidly to popularise the Metaverse, and no doubt that the recent hit of the Metaverse has created a ripple effect across industries. Metaverse has become the focal point for many businesses to increase their brand awareness and revenue. One pivotal way different industries can extend their territory to join the Metaverse is by creating a Metaverse Marketplace.
There is a new buzz in the tech world every day, usually about something that would simplify tasks even more than today. Neobank is one such tech advancement that has been gaining traction in the era of digital banking.
According to one study, the market of Artificial Intelligence (AI) in the Banking, Financial Services, and Insurance (BFSI) industry was valued at $20 billion in 2022 and was projected to grow by 20% between 2023 and 2032. Another study showed that the market size of Blockchain technology in BFSI was $2034.1 million in 2021 and […]
Imagining a world without the internet is difficult. It has become an essential part of the modern world. It would be impossible to picture our lives without it, especially in light of a worldwide epidemic that has compelled most of us to turn on the internet for our occupational, communicative, educational, financial, and recreational needs—arguably […]
Most organizations today use traditional statistical methods (TSM) to predict the future of their business. Anyone who works with TSM would agree that the process is tedious and not very much accurate. The most common factor that accounts for the inefficiency of TSM is human errors. People find it boring to parse through tons of […]