What technologies are necessary for the development of the Metaverse?

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What is the size of the Metaverse market?

Metaverse is now being used in a variety of situations. What is the Metaverse, such as related books and online articles ? A lot of sentences that explain the are born, which shows the high degree of attention.

The Metaverse Development Company is a vast virtual space that exists on the Internet. At the time of its birth, it was mainly used in the entertainment industry such as games, but since it became possible to trade NFTs using virtual currency, it has also attracted attention as a new business venue.

According to a report by American consulting firm McKinsey & Company, the Metaverse market could reach $5 trillion by 2030. Morgan Stanley Securities estimates that the potential market for the Metaverse in the United States is worth $8 trillion, and it goes without saying that more companies will focus on developing the Metaverse.

The demand for the Metaverse increased due to the spread of the new coronavirus. As the boundaries between the real world and the virtual world become increasingly blurred, the Metaverse market is expected to become more active.

Major Technologies Underpinning the Metaverse

Metaverse is a concept that can create a new area of virtual space with a high sense of immersion. Various technologies are used to create the immersive feeling of the Metaverse.

So, what kind of technology makes the Metaverse highly immersive? Let’s take a look at the key technologies behind the Metaverse.

AR・VR

AR (augmented reality) and VR (virtual reality) technologies are essential to creating an immersive experience in the Metaverse. Metaverse is not synonymous with AR/VR, but each word is used with substantially the same meaning.

AR and VR themselves are recognized as similar words, but AR is a technology for augmenting the real world, and VR is a complete virtual space generated by a computer , each with different characteristics. To give a familiar example, AR is used for Pokemon GO and IKEA Place, and VR is used for PlayStation VR and OCULUST QUEST.

The immersive feeling of the Metaverse Development Services is created by AR and VR, and as each technology matures, it will be possible to expand the Metaverse experience.

AI

AI (artificial intelligence), which is used in familiar places in people’s lives, is one of the essential technologies for the Metaverse. Since the Metaverse is recognized as a virtual space, we tend to think that it is the core of the technologies that make up the Metaverse such as AR and VR, but in fact, AI plays an important role behind it.

AI, which is good at calculating and predicting data, can be used to improve algorithms to support specific tasks such as building virtual worlds and creating avatars . Services to support the visually impaired using image recognition capabilities have also been developed, and AI plays an important role in creating a new sense of immersion in the Metaverse.

5G

Advances in network communication technology are essential for stable use of the Metaverse. 5G, which has become available nationwide, has become indispensable for enjoying the real-time metaverse in a comfortable communication environment.

The immersive feeling that is the appeal of the Metaverse is lost due to the time lag. 5G is one of the technologies needed to transfer data in real time. Since it is a trend of mobile points, you will be able to enjoy the world of Metaverse by connecting to AR and VR from places other than your home.

IoT

In order to create a borderless existence between the real world and the virtual space, Internet of Things ( IoT ) technology is also necessary. By using IoT to connect devices in the real world to the Internet, the scope of what the Metaverse can do will expand considerably.

In addition, it is possible to collect and provide various data accumulated by IoT, and to connect various data.

Programming language required for metaverse development

What programming language is used to develop the Metaverse? Here are some representative examples.

C++

`` C ++ ‘’, which is a kind of general-purpose programming language, is often used for game development. “C language” is one of the most well-known programming languages, but “C ++” is an extension of the function of this C language.

Because it has high versatility and is used in the development of various systems, it is a programming language that is almost always listed in job postings for Metaverse Intergration Services engineers.

C#

“C#” developed by Microsoft is a programming language that supports not only applications for Windows, but also MacOS, android, and iOS. It is known as a familiar programming language for engineers who develop games because it is also used in the game development software `` Unity ‘’, which is also known as a representative software for Metaverse development.

JavaScript

JavaScript, which is often used to build systems on the web using blockchain technology, is an indispensable language when using AR/VR in the Metaverse. Although it is a language with many images used for application development, it is also used for building systems on the web using blockchain technology.

JavaScript is necessary to manage the software that runs on the browser when building AR/VR applications.

How much does it cost to develop the metaverse?

An increasing number of companies are considering developing the Metaverse in order to seize new business opportunities. The first concern is the cost of development. How much will it cost to develop the Metaverse?

The important thing when developing a metaverse is to clarify the purpose. For example, if you want to use the Metaverse in a meeting, you can use the free Metaverse Conference Service to prepare the Metaverse environment without incurring any costs.

On the other hand, when using the Metaverse to hold an event where a large number of people connect at the same time, it generally costs at least 1 million yen. Most of the free-to-use Metaverses have restrictions on the number of people who can connect at the same time, change the 3D space, change the avatar, and so on.

If you are using it only for internal meetings, you may be fine with a Metaverse that costs from free to around 10,000 yen. It can be said that development should be carried out at a maximum of 10 million yen.

Important points to know for metaverse development

Before embarking on metaverse development, there are a few important points to know first.

The first point is how much track record the companies involved in the development of the Metaverse have. When requesting the development of the Metaverse, you must always look at the track record in order to judge whether the other company has the ability to shape your company’s image. Make sure to check if the Metaverse development company has a track record that is close to what you have in mind.

The next important thing is whether you have expertise in building the metaverse. If you have expertise in the Metaverse Token Development Company you want to build in-house, you should choose a platform that is strong in that genre. If you have expertise, it is more likely that you will have staff who are familiar with the field, so it will be easier to solve questions that arise after you actually start operating the Metaverse.

Another point to check is whether there is a place where you can ask questions in each phase from development to operation of the Metaverse. If you have highly specialized human resources, you can use the Metaverse with peace of mind even after your company starts operating it.