US manufacturing firms are flocking to the metaverse — WEF

According to the World Economic Forum, the automotive, energy, software, aerospace and defense industries are leading the way for industrial metaverse investment.

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A rising number of manufacturing firms in the United States are shifting their focus towards exploring the industrial metaverse to tackle complex challenges across the entire production line, according to the World Economic Forum (WEF).

According to a report released on March 12 by the WEF, 92% of US manufacturing executives are exploring various use cases of the metaverse. It cited survey results collected from 100 of the largest companies across ten industries, indicating that on average, each executive was investigating up to six different use cases.

The WEF further highlighted that one factor driving the interest is the need for the industrial sector to "elevate its ambitions" in response to the effects of the COVID-19 pandemic.

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