A brand-new class of Internet applications and social media platforms called Metaverse integrates many cutting-edge technology. The word “metaverse,” which was originally coined almost 20 years ago to represent a speculative virtual environment, describes a world in which users of augmented reality technology only experience psychological effects. Virtual world-based computer games were the first use of the Metaverse. Businesses that offered gaming services were vying with one another to give customers more unique experiences. The Metaverse, a concept popularized by science fiction, is rapidly becoming a tangible reality with the advancement of virtual and augmented reality technologies. This paper presents a comprehensive survey of the current state of the Metaverse, focusing on the technologies driving its development, diverse applications across industries, and the challenges hindering its widespread adoption. Through an in-depth examination of existing literature, industry reports, and technological advancements, this survey provides insights into the evolving landscape of the Metaverse and offers perspectives on its potential impact on society, economy, and human interaction.