Top 5 metaverse developers

The metaverse is now an increasingly popular trend. Companies from small crypto projects to tech giants are trying to profit from it. Of course, big tech firms have much more room for growth in this field. Let’s have a look at the largest players in the augmented reality (AR) market.

Meta

In order to show its commitment to the development of the metaverse, in 2021, American company Facebook even changed its name to a more telling one: “Meta.” Today, the tech behemoth has an entire division, Reality Labs, involved in the production of VR and AR equipment. In addition, Meta designs AR apps and video games. Its most popular project, Horizon Worlds, allows users to create their avatars and lead full virtual lives: communicate, work, and have fun.

Microsoft

American software giant Microsoft also has big hopes for augmented reality. In 2021, the company announced it would launch its own metaverse, Mesh for Teams, in the foreseeable future. The project is designed primarily for remote employees to make them feel united with their teams while working from other locations. Initially, avatars will represent users in the virtual environment. However, with time, Microsoft plans to introduce holoportation and substitute avatars for holograms.

NVIDIA

NVIDIA, the world’s leader in the field of virtual computing, is also in the trend. The American tech behemoth has already contributed greatly to the development of the metaverse by launching virtual platform Omniverse. This service allows its users to design 3D projects. It also enables digital twins of real-world objects.

Epic Games

Epic Games, an American video game and software developer, has achieved the best results in the development of the metaverse so far. Its Fortnite project, initially planned as a video game, has transformed into a popular virtual platform. Its users can interact with each other and lead full virtual lives, even attend concerts held by famous artists.

Tencent

Chinese conglomerate Tencent is also trying to use video games to enter the AR market. In addition, the company recently announced it would establish a special division to develop the metaverse. Tencent plans to design software for virtual worlds and produce VR and AR gadgets.