Shaping the Metaverse into Reality: A Holistic Multidisciplinary Understanding of Opportunities, Challenges, and Avenues for Future Investigation

Alex Koohang, Jeretta Horn Nord, Keng Boon Ooi*, Garry Wei Han Tan, Mostafa Al-Emran, Eugene Cheng Xi Aw, Abdullah Mohammed Baabdullah, Dimitrios Buhalis, Tat Huei Cham, Charles Dennis, Vincent Dutot, Yogesh K. Dwivedi, Laurie Hughes, Emmanuel Mogaji, Neeraj Pandey, Ian Phau, Ramakrishnan Raman, Anshuman Sharma, Marianna Sigala, Akiko UenoLai Wan Wong

*Corresponding author for this work

Research output: Contribution to journalReview articlepeer-review

442 Scopus citations

Abstract

The term metaverse is described as the next iteration of the Internet. Metaverse is a virtual platform that uses extended reality technologies, i.e. augmented reality, virtual reality, mixed reality, 3D graphics, and other emerging technologies to allow real-time interactions and experiences in ways that are not possible in the physical world. Companies have begun to notice the impact of the metaverse and how it may help maximize profits. The purpose of this paper is to offer perspectives on several important areas, i.e. marketing, tourism, manufacturing, operations management, education, the retailing industry, banking services, healthcare, and human resource management that are likely to be impacted by the adoption and use of a metaverse. Each includes an overview, opportunities, challenges, and a potential research agenda.

Original languageEnglish
Pages (from-to)735-765
Number of pages31
JournalJournal of Computer Information Systems
Volume63
Issue number3
DOIs
StatePublished - 2023
Externally publishedYes

Bibliographical note

Publisher Copyright:
© 2023 International Association for Computer Information Systems.

Keywords

  • Metaverse
  • banking services
  • education
  • healthcare
  • hospitality
  • human resource
  • management
  • manufacturing
  • marketing
  • operations management
  • the retailing industry
  • tourism

ASJC Scopus subject areas

  • Information Systems
  • Education
  • Computer Networks and Communications

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