Navigating the Metaverse: Regulatory Compliance for a Future Outlook
Navigating the Metaverse: Regulatory Compliance for a Future Outlook The concept of the metaverse, a virtual world where users can interact with each other and digital objects, has been rapidly gaining traction in recent years. With major tech companies like Meta, Microsoft, and Google investing heavily in metaverse development, it’s estimated that the global metaverse market will reach $1.3 trillion by 2028, growing at a compound annual growth rate (CAGR) of 35.1% from 2021 to 2028. (Source: Bloomberg Intelligence) However, as the metaverse continues to evolve, regulatory compliance has become a pressing concern. ...