The Metaverse has a number of key component technologies, among others IoT. These components are at varying maturity levels, but combined, allow us to create a digital simulation of our world. It is clear that its immersive virtual environment will increase demand for more advanced IoT architectures. The ability to stay interconnected between the virtual world and reality is vital in driving up demand for IoT spending. While the metaverse will blur the line between reality and virtual in the future through XR, it will need to leverage IoT devices such as sensors and wearables (sensor gloves, head-mounted devices, glasses, etc.).