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Nokia believes Metaverse will replace smartphones in the future – Metaverse Bitcoin News

Nokia, one of the first companies to make a consumer mobile phone system, believes that the metaverse will lead to phones being neglected. These metaverse experiences will be supported by virtual reality (VR) headsets and augmented reality glasses, and will allow users to engage in a multitude of activities. Industrial use will also be important.

Nokia expects mobile phone to fall in favor of Metaverse

Nokia, one of the first manufacturers to create a profile cell phone The system, predicts the fall of the mobile trend known today at the hands of the metaverse. While phones will still be around, metaverse experiences will be the primary form of communication in the second half of the decade.

While augmented reality devices still have ways to go, Nokia believes there will be a rise in public interest in such devices, which will boost this directed push. Head of Strategy and Technology at Nokia Nishant Batra is confident of this. he is advertiser:

We believe that this device will be overtaken by the metaverse experience in the second half of the decade.

But there are many factors that need to be aligned for this metaverse-based future to come to fruition, Batra says.

Keys to Nokia’s digital future

In the consumer realm, Nokia believes that the rise of this digital world will depend on several important factors, including the push by companies like Meta to make the metaverse trend. Also, as the CEO mentioned before, consumers are more concerned about prices and shapes than institutions. It is to explain:

Widespread adoption of the technology from both businesses and consumers will be critical for it to really take off, and this will also depend on the availability of convenient, affordable, wirelessly connected virtual and augmented reality devices.

In this sense, the prices of the popular metaverse headphones have skyrocketed recently, such as dead It raised the cost of its base headphone to $400 in July. Earlier this month, the company also introduced a premium option, the $1,500 Quest Pro VR.

However, monetizing the metaverse will be challenging, as the company believes there will be fragmentation, with monetization dependent on the growth of different use cases for experiences and metaverse devices. Industrial adoption will be easier to achieve, as some use cases are already being explored.

Nokia anticipates that all this connectivity will create security holes, and the company is also working to secure users in the metaverse.

Tags in this story

EnglishAnd the HeadphonesAnd the Industrial MetaverseAnd the deadAnd the metaverseAnd the Metaverse ExperiencesAnd the a movementAnd the Nishant PatraAnd the NokiaAnd the quest vr proAnd the VR

What do you think about the vision that Nokia has for the growth of the metaverse? Tell us in the comments section below.

Sergio Goshchenko

Sergio is a crypto journalist based in Venezuela. Describing himself as a latecomer, he got into the crypto world when the price spike occurred during December 2017. Because he has a background in computer engineering, lives in Venezuela, and is influenced by the crypto boom on a social level, he offers a different perspective on the success of crypto and how it helps people. Those who do not deal with banks are disadvantaged.

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