Abstract
Metaverse is a recent blast in the technology sector and is being used to increase productivity in every commercialization sector. Metaverse is making life easier and will be an essential part of the coming era for everyone and every sector. One of the most important areas is the industrial revolution 4.0 where the metaverse is contributing and expected to change the industry. According to the studies, the metaverse in industry revenue is expected to reach $540B by 2025. Different fields, such as the medical field, media, entertainment, etc., are using 4.0 tools to bring state-of-the-art technology into their domain. In this paper, we explained how metaverse could enhance the industry's production using 4.0 tools. This industrial revolution is expected to lead to a change in the way industries are in their current position. The potential of what we refer to as the 'industrial metaverse' is still unexplored, but it is beginning to show. The metaverse technology will help boost industrial production exponentially by providing services like digital simulations of products, energy monitoring, remote diagnosis of production sites, training of employees, etc.
| Original language | English |
|---|---|
| Title of host publication | 2023 International Conference on Intelligent Metaverse Technologies and Applications, iMETA 2023 |
| Publisher | Institute of Electrical and Electronics Engineers Inc. |
| ISBN (Electronic) | 9798350328455 |
| DOIs | |
| State | Published - 2023 |
| Externally published | Yes |
| Event | 2023 International Conference on Intelligent Metaverse Technologies and Applications, iMETA 2023 - Tartu, Estonia Duration: 18 Sep 2023 → 20 Sep 2023 |
Publication series
| Name | 2023 International Conference on Intelligent Metaverse Technologies and Applications, iMETA 2023 |
|---|
Conference
| Conference | 2023 International Conference on Intelligent Metaverse Technologies and Applications, iMETA 2023 |
|---|---|
| Country/Territory | Estonia |
| City | Tartu |
| Period | 18/09/23 → 20/09/23 |
Bibliographical note
Publisher Copyright:© 2023 IEEE.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
Keywords
- Digital Twin
- Industry 4.0
- Metaverse
- Smart Factory
- Virtual reality
- advantage and possible challenges of metaverse
- manufacturing
ASJC Scopus subject areas
- Computer Networks and Communications
- Computer Science Applications
- Software
- Information Systems and Management
- Media Technology
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