Are you ready for the metaverse? Yes, I am not either. But many people enjoy living their lives in a virtual world. However, virtual reality and augmented reality go beyond the world of video games. Applications of this technology include remote assistance, training, and education.
And, like e-commerce, this was a sector that experienced significant growth during the Covid-19 pandemic. Necessity often inspires new ways of thinking, so millions of Americans had to figure out how to do things remotely.
But what you want to know as a potential investor is whether there is more growth in the store. Fortune Business Insights reports that the global virtual reality gaming market will reach $ 45.2 billion in 2027. This will exceed $ 5.1 billion in 2019 and $ 17 billion in 2020. This represents a compound annual growth rate (CAGR ) of 31.8%. This should get your attention. It has certainly caught the attention of many of the tech giants. Many of FAANG’s shares are investing in this market in anticipation of huge future growth.
If you want to invest in this growing industry, we’ve created this special presentation that highlights seven virtual reality stocks that, while participating in the virtual world, can reap real benefits for your portfolio.
Click the “Continue on slide number 1” button to see the first company.