Metaverse jobs demand goes beyond tech companies

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Metaverse simply means fictional universe. The term found its first footing in an American writer Neal Stephenson’s science fiction novel Snow Crash published in 1992. However, twenty-nine years later, the word metaverse has started to gain more ground in this real-world as companies are planning to hire for the metaverse jobs.

A few weeks ago, Facebook announced its hiring plans to create 10,000 new jobs in the European Union to build a metaverse. The social networking giant is not the only technology company that is working around the metaverse.

In fact, Microsoft, NVIDIA and Roblox are among the many tech companies investing in building capabilities around digital spaces and hiring people.

Interestingly, metaverse jobs demand is high going beyond the technology industry such as consumer and automotive sectors. GlobalData reveals that there are over 270 active jobs related to metaverse in October 2021.

A noticeable increase in active jobs since June 2021 indicates a growing need for talent but job closures remain relatively low. Companies listing jobs seems to be facing a talent crunch for the trending high-skilled jobs, according to GlobalData’s Business Fundamentals – Analyst, Ajay Thalluri.

In September 2021, there were 250 active jobs around metaverse but only 48 job closures.

The Coca-Cola Co. is building a metaverse strategy that allows its brands to enter the world of AR and VR, Senior Director Global Gaming, Influencers and New Platforms role points.

It considers metaverse, along with blockchain, as fast-moving technology that provides opportunities to connect with consumers.

In the auto space, Daimler AG uses Microsoft’s HoloLens 2 headsets to diagnose service issues of Mercedes-Benz vehicles, is launching a version of a metaverse program for Mercedes Benz vehicle development.

“However, Facebook’s announcement to create 10,000 jobs during the next five years in metaverse space in the European Union (EU) could face hurdles in sourcing talent going by the trend,” commented Thalluri.

Currently, Facebook’s job advertisements related to metaverse suggests that it is developing strategies to address regional public policy issues affecting AR/VR and the metaverse in the Asia-Pacific (APAC) region, APAC Policy Manager, Facebook Reality Labs’ role for Singapore.

Another role for Director, Technical Program Management, Metaverse and VP Games Business Development points at strategies to execute large scale licensing programs for in-game content.

Gaming company Roblox Corporation is among the top companies that are hiring in the metaverse space. The company’s active jobs have increased from 156 jobs in October 2020 to around 270 jobs in October 2021.

Another gaming company, Unity Software Inc., is hiring to create massively multiplayer online (MMO) games and immersive experiences. Additionally, Nvidia corporation that creates graphic chips is on the ramp to create sophisticated 3D worlds and create market opportunities in metaverses.

Interestingly, cryptocurrency is finding its way into the metaverse space. Together Labs is developing crypto-enabled assets and setting standards for the use of digital currencies.

“Hiring in metaverse is likely to grow. However, finding skilled talent to meet the growing demand can be challenging,” concluded Thalluri.

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