A digital rendering of a person wearing a VR headset that says "Metaverse" The metaverse is an evolving concept. Companies diving into this new environment will need to be flexible and agile—they will need to adapt their privacy and cybersecurity programs over time to stay in step with relevant technological and legal changes. (Credit: wacomka/Adobe Stock)

As the metaverse soars in popularity, researchers estimate that this new virtual environment could generate global revenues of $13 trillion by 2030. The metaverse promises to augment and digitally disrupt a broad range of sectors, including retail, gaming, media and entertainment, banking and financial services, real estate, and insurance.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.