Exploring Opportunities in the Metaverse and Smart Cities
Raffaele Gareri, CEO of Urban Futures, recently participated in the Urban Metaverse Summit in Tenerife, sharing insights on the convergence of the metaverse and smart cities. Urban Futures is a startup studio committed to identifying societal needs and creating innovative startups, particularly in rapidly evolving sectors in global cities and regions. The metaverse market, even if it’s no longer hype, saw substantial growth in 2023, with its current value of $36 billion, expected to exceed $66 billion by 2030 (ABI Research), showcasing its significant investment potential.
Urban Futures places great emphasis on exploring new domains to uncover the best investment opportunities and craft solutions that enhance urban living, economic growth, and citizen engagement. The summit, organized by leaders in urban innovation, was a platform for productive dialogue with industry experts.
Our participation in the event was driven by a desire to engage in forward-thinking discussions, and the interaction with experts in smart cities and the metaverse proved both inspiring and insightful. Moreover, we were able to establish valuable connections, which will benefit our ongoing startups as we continue to explore new ways to support urban transformation and technological advancement.
In line with our mission, Urban Futures remains dedicated to pushing the boundaries of innovation to address the ever-changing needs of society.