Metaverse market has great growth potential – TSMC


Metaverse

Metaverse is in its early stages of development. At the moment, the market does not really understand what Metaverse is about. However, several manufacturers are optimistic. TSMC, a chip maker is also optimistic. According to Zhang Xiaoqiang, senior deputy general manager of TSMC business development, the metaverse world will come. He adds that though the market is small at the moment, the growth potential is great. He also believes that advanced semiconductor technology is the foundation of Metaverse.

Metaverse

Metaverse is the fusion of the real world and the virtual world. This requires more powerful high-performance computing to achieve. It also requires more advanced semiconductor technology. Thus, if this happens, TSMC will be in big business.

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Zhang Xiaoqiang points out that the current application processor of the head-mounted device adopts a 7nm process. The image signal processor adopts 28nm, and the device weighs 500 grams. To achieve a device that can be worn anywhere, the performance must improve by 10 times. Signal processors will all use 2nm chips and systems and architectures will improve.

Strategy Analytics reports that as investments in the metaverse grow, the ownership of dedicated devices (VR and AR headsets) will explode. By 2024, the market stock of Metaverse devices will double from the current 50 million.

VR industry to enter a golden growth period in the next three years

Just like TSMC, HTC also believes in the future of Metaverse. The company believes that as technology and applications improve, related hardware volume hit 10 million units. The company also expects the VR industry to enter a golden growth period in the next three years. VR applications are the key to entering the Metaverse. As the VR industry enters a golden growth period, more business opportunities in Metaverse will emerge.

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HTC launched the HTC DESIRE 22 Pro metaverse concept smartphone in June of this year. The company also launched the VIVE Focus 3 “eye tracking kit” and “expression detection kit” in September this year.

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