3D TV Virtual Worlds

How much do you know about new “virtual worlds and 3D TV” technology developments? Maybe, you thought they were just a lot of online video game hype for kids but look deeper into today’s virtual world platforms like Second Life and you will find Fortune 500 companies - Intel, IBM, Microsoft, Boeing, JC Penny, WalMart, McDonalds, Disney, and leading educational institutions - Harvard, Boston University, MIT, Princeton, and Stanford, among others breaking ground. New high-speed broadband technologies allow 3D virtual Internet capabilities for streaming video animations and mobile advertising that enhances innovation of 3D TV interactive consumer markets for SONY, Comcast, News Corp, Time Warner, Viacom, Reuters, Google, Microsoft, Apple, Nokia, Toshiba, Panasonic, LG, Disney, Nintendo, Texas Instruments and Samsung, among others. 

For example, virtual world Second Life users are creating 3D store fronts, merchandise, and sell virtual products and services as part of the largest user-generated 3D virtual economy in the world. By any measure - number of items, transactions, dollar value and revenues earned - Second Life is the leader. In 2009, Second Life Residents profited more than $55 million - while the total size of the Second Life economy grew 65% to $567 million. User-to-User transactions on Second Life’s Xstreet totaled L$1.6 billion in 2009, up 74% from 2008. 

In comparison for 2009, real-world global output was anemic declining -1.1%  (see the IMF World Economic Outlook report, October 2009). The Bureau of Economic Analysis posted its new figures for the US economy, showing the U.S. economy shrunk by -2.7% in 2009.  Most forecast 2010 as anemic with maybe 3% - 5% U.S. economic growth at best. Despite a challenging macro environment, the Second Life economy did quite well with significant growth for 2009. Expect solid growth for Second Life, Linden Labs; a company with significant backing (hmm…do I smell an IPO in the making). Read Full Article...

 About Author: Mr. Rickman is a respected analyst, innovative expert in business development and Internet marketing services with over 30-years experience, published worldwide. http://www.sustainablevirtualbiz.com