Information & Technology

Virtual reality (VR), augmented reality (AR), and NFT-savvy firms have a plethora of lucrative prospects in the metaverse. Many of these virtual worlds are supported by blockchain technology similar to that which powers cryptocurrencies and NFTs, allowing users to exchange virtual assets. Because of the NFT boom and Mark Zuckerberg's recent endorsement,   Metaverse Market  has also gotten a lot of attention in recent months. NFTs worth USD 2.1 billion have been traded globally, according to Nonfungible.com. Other well-known brands, such as Adidas, which appears to be functioning on its own NFTs, are also looking to create waves in the metaverse. A cryptocurrency is the metaverse's currency, and each metaverse has its own collection of coins. They're used to paying for NFTs, virtual real estate, and avatar shoes. Cryptocurrencies are utilised to bridge the gap between the real and virtual worlds. They enable us to calculate the value of digital assets in terms of government-

The Global GPS Market accounted for US$ 41.25 billion in 2020 and is estimated to be US$ 122.69 million by 2030 and is anticipated to register a CAGR of 11.5 %. The GPS is a satellite-based navigation system comprised of a network of 24 satellites sent into orbit by the United States Defense Department. GPS was designed for military purposes but was made available to civilians in the 1980s by the government . Receivers can use the information sent by the satellites to precisely identify locations on Earth by measuring distances from the satellites .   GPS (Global Positioning System) tracking devices have been known to be used to obtain exact, real-time location-based information about an adult, a child, a vehicle, or even another type of asset that an individual may possess. The report " Global GPS Market, By Type (Automotive Systems, GPS-Enabled Mobile Phones, Aviation Systems, Marine Systems, and GPS Cameras), By Application (Traffic Control, Security, Navigation, and Position T

Global Business process management Market accounted for US$ 3.26 billion in 2020 and is estimated to be US$ 6.16 billion by 2030 and is anticipated to register a CAGR of 6.6%. Business Process Management is a way by which firms manage and enhance their processes.   BPM is all about fine-tuning processes to get every last ounce of efficiency out of them. This could be as simple as deleting a needless step in a process or as complex as completely reconstructing it from the ground up.   Using BPM methodologies and tools necessitates the capacity to view the business from both a micro and large perspective. Each process should be optimized in and of itself, but the impact it has on other processes or activities should also be taken into account. The report   " Global Business Process Management Market, By Component (Solution and Service), By Functionality (Human Resource, Accounting and Finance, Sales and Marketing, and Operation and Supply Chain Management), By Deployment Type (Cloud