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Metaverse in Retail and Apparel - Thematic Intelligence

Publisher GlobalData
Published Jun 30, 2023
Length 56 Pages
SKU # GBDT18272477

Description

Metaverse in Retail and Apparel - Thematic Intelligence


Summary

By 2030 GlobalData predicts that the metaverse will reach over $627 billion in revenue, having grown at a compound annual growth rate (CAGR) of 34% between 2022 and 2030. However, there will be slow uptake of the theme within retail due to an overall lack of benefits for the sector. The metaverse is still in its early stages of development, and its future trajectory in retail is uncertain. This, alongside a limited audience reach as the tech has not achieved mainstream adoption, suggests there may be more risks associated with the retail sector exploring the tech than benefits.

Inflation rates have hit the retail industry hard, so long-term business decisions focused on profitability must be made. Currently, evidence suggests that the metaverse will not bolster retailers' profitability. The tech also operates on various platforms, each with its own user base,rules, and capabilities. This makes it difficult for retailers to establish a consistent and cohesive presence across all metaverse platforms. As a result, the metaverse will not help retailers increase their reach.

Key Highlights
  • An overview of the trends impacting the metaverse's adoption in the retail and apparel industries.
  • Metaverse technology briefing
  • Case studies showcasing how companies in the retail and apparel industries are adopting the metaverse.
Who Should Buy
  • Our thematic research product, supported by our thematic engine, is aimed at senior (C-Suite) executives in the corporate world, decision makers, and institutional investors.
  • Corporations: Helps CEOs, CTOs, and other senior executives of companies understand this key theme, the competitive environment, and the market opportunities.
  • Investors: Helps fund managers and other major investors focus on investment opportunities in retail and apparel.
Scope
  • This report provides an overview of the metaverse in retail and apparel.
  • This report explains why the metaverse will continue to grow in importance for the retail industry.
  • This report outlines how the correct the metaverse strategy can enhance retailers marketing strategy.
  • The investment opportunities for appliciations in the the metaverse value chain are covered.
  • The report also provides an overview of the metaverse activity in relating to the sector, including tech vendors and industry adopters.
Reasons to Buy
  • Determine potential investment opportunities based on trend analysis and market projections.
  • Gaining an understanding of the market challenges and opportunities surrounding the metaverse theme.

Table of Contents

56 Pages
Executive Summary
The Metaverse Value Chain
Key players in the metaverse value chain
Foundation layer
Semiconductors
Components
Connectivity
Data management
Blockchain
Tools layer
3D engines
Artificial intelligence
Visualization engines
Payment platforms
Adtech
User interface layer
Experience layer
The Metaverse’s Impact on the Retail Sector
The Metaverse’s Impact on Retail Challenges
Case Studies
MetaMall’s mall in the metaverse
Albertsons has entered the metaverse to highlight its offers
Italian fashion company United Colours of Benetton enters the metaverse
Walmart uses the metaverse to target younger generations
Data Analysis
Market size and growth forecasts
Mergers and acquisitions
Hiring trends
Metaverse timeline
Companies
Leading metaverse adopters in retail
Leading metaverse vendors
Specialist metaverse vendors in retail
Sector Scorecard
Retail sector scorecard
Who’s who
Thematic screen
Valuation screen
Risk screen
Glossary
Further Reading
GlobalData reports
Our Thematic Research Methodology
About GlobalData
Contact Us
List of Tables
Table 1: The Metaverse’s Impact on Retail Challenges
Table 2: Mergers and acquisitions
Table 3: Leading metaverse adopters in retail
Table 4: Leading metaverse vendors
Table 5: Specialist metaverse vendors in retail
Table 6: Glossary
Table 7: GlobalData reports
List of Figures
Figure 1: Key players in the metaverse value chain
Figure 2: The metaverse value chain
Figure 3: The metaverse value chain - Foundation layer: semiconductors
Figure 4: The metaverse value chain - Foundation layer: components
Figure 5: The metaverse value chain - Foundation layer: connectivity
Figure 6: The metaverse value chain - Foundation layer: data management
Figure 7: The metaverse value chain - Foundation layer: blockchain
Figure 8: The metaverse value chain - Tools layer: 3D engines
Figure 9: The metaverse value chain - Tools layer: artificial intelligence
Figure 10: The metaverse value chain - Tools layer: visualization engines
Figure 11: The metaverse value chain - Tools layer: payment platforms
Figure 12: The metaverse value chain - Tools layer: adtech
Figure 13: The metaverse value chain - User interface layer
Figure 14: The metaverse value chain - Experience layer
Figure 15: Pertinent topics in retail company filings
Figure 16: Thematic impact assessment
Figure 17: Retail in cyberspace
Figure 18: Albertsons showcased its deals on 25 billboards in Decentraland
Figure 19: Benetton in the metaverse
Figure 20: Walmart enters the metaverse with Roblox
Figure 21: The metaverse will generate $627 billion in revenue in 2030
Figure 22: Metaverse hiring by retailers peaked in April 2022
Figure 23: The metaverse story
Figure 24: Who does what in the retail space?
Figure 25: Thematic screen
Figure 26: Valuation screen
Figure 27: Risk screen
Figure 28: Our five-step approach for generating a sector scorecard

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