Frost Radar™: Immersive Virtual World Platforms, 2023

Frost Radar™: Immersive Virtual World Platforms, 2023

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

Immersive virtual worlds offer a fully simulated digital experience similar to or very different from the real world.

The visibility of immersive virtual worlds has increased in recent years due to investments from leading technology providers. Continued development and funding in the metaverse space from major tech firms have attracted more interest and funding to immersive virtual world platform projects. The metaverse is expected to transform the way users interact with each other and with information, disrupting existing business models for myriad markets and use cases.

This Frost Radar™ provides an in-depth analysis of the top 15 Growth and Innovation leaders in the global immersive virtual worlds industry. These technology providers offer exciting virtual shared environments for multiple purposes, including gaming, entertainment, shopping, communications/collaboration, work, education, buying/selling digital assets, training, and simulation. Immersive virtual worlds will only grow from now on, as the world is just seeing the tip of the iceberg for these types of evolving digital content services and spaces.

The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores, as highlighted in the Frost Radar™ methodology. Frost & Sullivan analyzes hundreds of companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.