The manufacturer of a mobile phone system predicts the end of the current mobile phone trend at the hands of the metaverse. While phones will continue to exist, metaverse experiences will become the major mode of communication in the second part of the decade.
While augmented reality devices have a long way to go, Nokia believes there will be increased audience interest in such gadgets, supporting this metaverse drive. Nishant Batra, Nokia’s chief strategy and technology officer, is optimistic. He stated:
“Our belief is that this device will be overtaken by a metaverse experience in the second half of the decade.”
According to Batra’s remarks, various elements must align for this metaverse-based future to come to fruition.
In the consumer space, Nokia believes that the growth of this digital-based universe will be determined by several variables, including the efforts of firms such as Meta to make the metaverse a trend.
Furthermore, as the CEO indicated, customers are more concerned with pricing and form than institutions. He elaborated:
“Widespread adoption of the technology from both corporations and consumers will be critical for it to really take off, and this will also depend on the availability of affordable, ergonomic wirelessly connected VR and AR devices.”
Nokia anticipates that these connections will lead to security flaws, and the corporation is likewise striving to safeguard users in the metaverse.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Nov 18th, Panama - Gate.io, a global leader in digital asset trading, has officially unveiled…
The Bitdeer convertible notes offer a 42.5% conversion premium, allowing conversion into cash with the…
Grand Cayman, Cayman Islands, 22nd November 2024, Chainwire
Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…
As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…
With the crypto market reaching new peaks, many are eager to discover digital currencies poised…
This website uses cookies.