Metaverse companies around the globe are introducing businesses and consumers to a new era of digital experience. Leveraging a combination of extended reality, artificial intelligence, IoT, and other cutting-edge technologies, these innovative brands are changing how we work, play, and connect.
Today, businesses worldwide are leveraging metaverse technologies to enhance collaboration and creativity in the workplace, deliver exceptional customer service, and even train teams. By 2033, analysts predict the metaverse market will be worth an incredible $1,303.42 billion.
The question is, which pioneering brands offer the best opportunities to explore this new landscape? We’re sharing some of our favorite leading companies in this comprehensive market map.
The article provides a snapshot of the vendors featured in our Metaverse Marketplace.
- Meta
- Lenovo
- MetaVRse
- NVIDIA
- Cavrnus
- Virbela
- Virtualware
- SynergyXR
- YORD
- EngageVR
- Accenture
- Varjo
- LandVault
Meta was one of the first organizations to introduce the world to the concept of the metaverse. Evolving from Facebook, Meta is an innovative technology company investing in developing extended reality headsets and virtual environments like Horizon Workrooms. The brand believes the metaverse will deliver new opportunities for enhanced social and workplace experiences.
Meta has its own “Reality Labs” division, dedicated to exploring technologies related to the metaverse, such as extended reality, spatial computing, and haptic technology. The company also has the “Meta Spark” solution for developing AR experiences, and a dedicated virtual reality business suite.
Leading technology vendor Lenovo is exploring various aspects of the metaverse, starting with extended reality. The company’s ThinkReality portfolio addresses the needs of both business users and consumers. With the ThinkReality platform, companies can develop and deploy apps and content throughout the enterprise while managing devices from a single cloud-based interface.
Lenovo also offers hardware solutions like the ThinkReality VRX all-in-one headset and the Lenovo ThinkReality A3 smart glasses. The Chinese-American firm has also partnered with Qualcomm’s Snapdragon Spaces platform to ensure the continued development and expansion of augmented reality (AR) technologies, with interoperability, device-agnostic tools, and profitability in mind.
Focused on supporting developers in the creation of unique metaverse experiences, MetaVRse is one of the top Metaverse companies offering a range of software solutions and services. The company offers businesses access to a next-generation metaverse engine, which works with all operating systems, browsers, and devices for comprehensive landscape development.
MetaVRse also produces a range of metaverse solutions for different use cases, such as a 3D system for creating training simulations and the “Mall” environment for retail. Users can access 3D and 2D branded assets for different use cases and explore various XR environments within the MetaVRse library. The company also offers professional services to companies needing guidance and development support.
One of the fastest-growing technology, AI, and metaverse companies in the world today, NVIDIA has invested in various solutions to support metaverse development. The organization’s “Omniverse” computing platform enables teams and individuals to develop Universal Scene Description-based 3D workflows and applications with options for low-code and no-code development.
NVIDIA’s omniverse combines all the resources companies and developers need to design 3D workflows, unique landscapes, and digital twins. Users can also connect their own tools to the Omniverse platform, which has a wide range of integration options. Plus, NVIDIA also produces RTX-enabled GPUs for metaverse innovators.
Cavrnus is a spatial connector for Unreal Engine and Unity, committed to enabling collaboration and creativity in the metaverse. The technology empowers companies and creators to revolutionize 3D workflows with drag-and-drop functionality. Companies can leverage robust voice and video applications, cross-device compatibility, and multi-user co-presence.
With Cavrnus, companies can build metaverse experiences for various extended reality devices and platforms. The system is even “VisionOS-ready” for organizations that want to use Apple’s new Vision Pro device. Plus, Cavrnus comes with advanced security features, enterprise authentication, and roles and policy control for peace of mind.
Virbela is a technology company that builds virtual worlds designed to bring business and in-person experiences to life in the digital landscape. The company created one of the world’s first enterprise-focused metaverse solutions designed to address the challenges of remote collaboration. Here, teams can work together, host events, hold classes, and attend meetings in a virtual environment.
Virbela’s ecosystem comes with tools built in for the creation of remote work, learning, and virtual event experiences. Plus, it can support everything from file sharing to audio and chat, enabling real-time team communication. There’s even the option to access the platform without an extended reality headset.
Concentrating on the virtual reality landscape, the Virtualware group produces solutions that support companies in achieving their sustainability and innovation goals. The heart of the company’s product portfolio is the VIROO VR platform, where developers can collaborate and build customized virtual spaces for training, customer service, meetings, and more.
The VIROO platform makes VR and metaverse development more accessible, with extensive scalability and easy-to-use features for people of all skill levels. The metaverse as a service solution can even integrate with many existing business tools and collaboration apps. Plus, it’s constantly updated to support new VR devices and innovations.
SynergyXR builds on the momentum of the popular low-code and no-code development space, offering companies a flexible cloud platform for building digital experiences. The SynergyXR platform enables companies to create solutions for real-world use cases with templates and a comprehensive library of assets.
Organizations can use SynergyXR to create unique training and onboarding experiences for teams or deliver remote support to employees on the move. There are also solutions specially designed for marketing and sales teams. The secure cloud environment comes with built-in storage and supports collaboration among global teams.
YORD is a global studio that offers virtual and augmented reality services and is led by an impressive XR design and development team. The metaverse studio solution empowers companies to create complex interactive experiences in digital environments that suit any requirement or industry. With YORD, companies can buy and customize existing metaverse environments, build their own 3D worlds, and leverage step-by-step support from the design team.
The portfolio of solutions offered by YORD covers everything from virtual reality landscape creation to AR filter development, metahuman creation, and virtual production. The company can even assist companies in developing apps for specific headsets, like the Apple Vision Pro.
EngageVR enables companies to enter the metaverse with their ENGAGE spatial computing platform. The platform runs on all spatial computing devices and promises a secure and compliant experience, with end-to-end protections for teams. With EngageVR, companies can access a straightforward content editor that enables them to build simulations and content with ease.
The company also offers access to integrated OpenAI and generative AI tools that allow users to interact with AI-control avatars and generate assets within metaverse worlds. Companies can also work with the EngageVR team to create AI avatars, remote collaboration solutions, digital twins, and large-scale virtual event experiences.
Technology and research company, Accenture, is investing in a range of metaverse solutions designed to empower companies in the new digital age. The company offers enterprise metaverse services and solutions, helping companies leverage extended reality, blockchain technologies, and digital identity systems. Plus, Accenture is also responsible for creating the Metaverse Continuum group.
Building on over 15 years of experience and over 600 patents, Accenture can assist businesses in building and scaling metaverse environments for customer experience, collaboration, and more. They also offer a range of technology innovation and transformation services and regularly publish articles and guides on metaverse discoveries.
One of the better-known metaverse companies in the extended reality space, Varjo produces wearable devices for metaverse exploration and intelligent software. The company created the Varjo Reality Cloud platform, making real-time content sharing and “teleportation” possible in the enterprise. The cloud solution supports companies in the development of professional 3D workflows without the need for excessive computing power.
With Varjo Reality Cloud, companies can move the significant rendering requirements of XR software to offsite GPUs and stream content to hardware in real-time. Plus, Varjo also offers access to content studios, computers, software, and accessories to assist with metaverse development.
LandVault is one of the few metaverse companies that refers to the metaverse as the “3D internet”. The company helps brands and governments to create, publish, and monetize virtual experiences online. With the LandVault Studio, companies can access a comprehensive team of designers, game developers, and architects to support them in building their metaverse vision.
The company also offers a wide range of tools to create a white-labeled virtual experience. For instance, LandVault creates allows users to build worlds without coding, leveraging generative AI. There’s also the LandVault publish system, which helps publish XR content on any device.
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