Virtual Reality Stocks to Watch
There’s no doubt that VR company stocks are likely to be a great investment. Nearly all of the big-name tech companies are deciding to invest in VR and AR technology, which means it’s an expanding field that should yield great returns. The global VR market was valued at around $15 billion in 2020, with an 18% increase expected into at least 2028. If you want to get in on investing in VR, it’s best to get ahead of the game and invest early. There are many companies to choose from, from headset manufacturers to game companies.
Top Names in VR/AR Company Stock
Here are some of the companies that are shaping the VR landscape:
- Meta Platforms (formerly Facebook) (MVRS)
- Sony (SONY)
- Alphabet (GOOG/GOOGL)
- Microsoft (MSFT)
- Nvidia (NVDA)
- NexTech AR Solutions (NEXCF)
- Apple Inc. (AAPL)
- Unity Software (U)
- Fastly (FSLY)
- Matterport (MTTR/MTTRW)
With Facebook re-branding as Meta, a name that emphasizes their focus on the creation of a VR meta-verse that will encompass all activities people might do online and in a virtual space, it seems clear that VR is the wave of the future. Big players like Meta and Sony might seem like obvious choices for investment in VR, but Apple isn’t far behind: They have yet to release VR products, but there’s long been chatter that they’re researching the tech to make it possible. Meanwhile, companies like Nvidia are hard at work making essential components for VR headsets, while Unity provides a platform upon which many top VR games are built. Whether you choose to invest in VR game company stock or firms that make cutting-edge hardware, it’s a good idea to call your financial advisor about getting in on the VR market.