Industrial Metaverse Spend to Reach US$6.3 Billion by 2030 As Immersive Engineering Use Cases Take Hold

Examples include Norwegian clean battery producer FREYR equipping its gigafactories in Norway and in the U.S., Siemens Industrial Operations X, AWS IoT TwinMaker, and NVIDIA Omniverse are creating immersive metaverse experiences. Danone is using Matterport Pro3 cameras to capture 3D imagery of its facilities so authorized users can virtually visit and explore the production site using a computer or mobile device. Burckhardt Compression uses PTC's spatial computing services for remote assistance and automated report-generation scenarios involving a supertanker in the middle of the ocean. Other notable providers include AVEVA, Dassault Systèmes, Ericsson, Microsoft, and Nokia.

"The dream to enable full factory metaverse experiences is far from realized, but the work has begun," Martin concludes. "Initial implementations will start with a portion of a factory or production line, likely on an as-needed basis. The broader environment is well-suited to partnerships that ease points of integration and enable marketplaces in the long run."

These findings are from ABI Research's Industrial Metaverse: Use Cases, Deployments, and Case Studies report. This report is part of the company's Industrial and Manufacturing Technologies research service, which includes research, data, and analyst insights.

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"Siemens is making the industrial metaverse more accessible so that our customers can use it to solve their real-world problems faster, more sustainably and with greater efficiency – and we will make it available to companies of all sizes, so that everybody can turn their big ideas into world-changing innovations," said Cedrik Neike, Member of the Managing Board of Siemens AG and CEO of Siemens Digital Industries.

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