The WEF’s 2023 report on the industrial metaverse explores how immersive technologies, digital twins, and AI-driven simulations are reshaping industries. By integrating physical and digital worlds, companies can enhance design, training, production, and supply chain efficiency while cutting costs and emissions. Early use cases include predictive maintenance, virtual prototyping, and collaborative engineering. However, challenges such as interoperability, governance, data security, and skills gaps remain. The report calls for global collaboration on standards, ethical frameworks, and investment in infrastructure. With coordinated action, the industrial metaverse can drive innovation, resilience, and sustainable industrial growth.

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