Virtual Reality (VR) is the technology that stimulates vision to connect it with the 3D environment, ending the gap between the real and virtual world. This Virtual reality technology is used in the entertainment applications like video games and 3D cinemas. Virtual reality has become one of the most popular technology sectors and a favorite of stock investors. It is now giving a tough competition to other popular technology platforms like crypto-currency and artificial intelligence.
The craze for investments in VR stocks is only going to increase in the future. According to the Statista website, the value of VR's stock market size will rise to around 300 billion US dollars by 2028.
VR technology is also being used in the education, real-estate, and healthcare sectors. Overall the future of VR technology in the stock market is bright. Here are the best Virtual reality stocks that you could invest in:
1) Sony Corporation:
Sony is one of the most prominent players in VR, and thus, it is worth considering. Sony is already a famous entertainment brand, and as the future of VR is so bright, Sony wants to enhance further their entertainment service by introducing in it VR technology. Sony’s goal is to provide its customers the next level of entertainment with its play-station VR, which has already sold 5 million units as of 2020. Sony can be a good VR stock to invest in for the long term
The ‘Apple’ brand needs no introduction when it comes to technology. This brand is famous worldwide for its iPads, iPhones, and iWatches. Being so heavily engrossed in technology, there is a huge chance that Apple will do something with VR technology in the future.
Although currently, Apple has not come up with any product consisting of VR technology, there are rumors that Apple is investing in resources for designing VR products. With Apple ruling the technology market, it is certainly worth a look.
3) Unity Technologies:
Unity Technology creates VR experiences for different platforms. It is a leading interactive and real-time 3D content creating company in the US. This includes Creating and Operating Solutions that allow customers to create, run, and monetize their content across a range of third-party content distribution platforms. It will not be wrong to say that unity Technologies can be a great choice when investing in VR stocks.
4) Meta (Facebook):
Facebook is a promising VR stock asset. Not only it has around 2.80 Billion monthly active users, but now FB is also planning to introduce VR into social media interactions through oculus Headsets. This will help them sell their headsets to Instagram, Facebook, and Messenger users. Meta/FB is a promising VR investment.
Investing in the stock market is non-trivial, specially in this volatile and unpredictable environment. So, before making any investment, consider seeking guidance from stock investment professionals like StockBuzzNow, that has a proven history of market crushing returns with a solid, long term investment strategy.
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