“ The Metaverse is a massively scaled and
interoperable network of real-time
rendered 3D virtual worlds which can be
experienced synchronously and
persistently by an effectively unlimited
number of users with an individual sense of
presence, and with continuity of data, such
as identity, history, entitlements, objects,
communications, and payments.”
Matthew Ball, venture capitalist
Facebook: A Metaverse Company
6
Defining the Metaverse
Trend 1
Meta
Alex Castro The Verge
The State of the Metaverse
7
Defining the Metaverse
$800 billion in 2024
“The global Metaverse
revenue opportunity could
approach $800 billion in
2024.”
-Bloomberg Intelligence
Oculus
9
Meta
“
Jessica DeFino, journalist
It’s fair to wonder and worry
about the beauty ideal the
metaverse might inspire: Meta
Face, or the real-world
approximation of the
unrealistic facial features
popularized by our animated
metaverse avatars.”
“ But the concept of Reality Privilege
resonates. Not everyone has the chance to
live in Manhattan. Not everyone is able to
visit the Pyramids, the Taj Mahal, Machu
Picchu. As our online lives become richer
and more vibrant—and as technology
improves—digital experiences will at least
come close to capturing (and, in some
cases, will likely surpass) those offline
experiences.”
Rex Woodbury, Digital Native
Brave Virtual Xperience
Defining the Metaverse
15
The Metaforce
Hyundai
Samsung
“ We recently have started hearing about
brands considering the creation of special
metaverse teams, just like how they put
together teams to focus on specific social
media channels not too long ago.”
Christina Wootton, Roblox's VP of partnerships
28
“
P&G
BeautySPHERE was inspired by
our ongoing commitment to find new
and surprising ways for people to
connect with our brands, products
and values. Our hope is that,
through these fully immersive, digital
experiences, visitors can interact
with our brands in surprising,
engaging new ways.”
Alex Keith, CEO, P&G Beauty
“ Using AR we were able to simulate
a fashion environment, showcasing the
designers work with MACHINE-A in an
augmented, interactive space. Using
traditional campaign spaces allowed for
us to democratise fashion and support
designers, particularly in the wake of
COVID-19.”
Cattytay, Co-founder of the Institute of Digital Fashion
Institute of Digital Fashion
Institute of Digital Fashion
“
Karinna Nobbs, founder of The Dematerialised
For Chanel or Burberry or Gucci, brands
that typically have an entry price point, the
first interaction you might have with that
brand might be [to buy] a lipstick for $30.
An NFT might be an alternative for an
entry relationship with that brand [...]
NFTs are the perfume or lipstick of the
future."
Fakurian Design / Unsplash
The more embodied you feel in your
avatar, the more likely you
are to invest in its appearance
and behavior traits. For example,
a $10 Louis Vuitton skin might be
expensive in the virtual world, but, if
the digital purchase allows you to
live vicariously in your favorite
fashion designer’s clothes, $10
becomes an affordable luxury.”
“
Samantha G. Wolfe, founder of PitchFWD
Gucci
Key Takeaways
48
Pay attention to
the generational
differences
Enable AR
marketing and
commerce
experiences
Closely monitor
new sales
opportunities
01 02 03 04
Begin to
experiment in
the metaverse
now
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Cassandra Napoli
Senior Strategist