2 Monster Metaverse Stocks to Buy for the Long Haul
The metaverse has emerged as one of the next big growth areas in tech. Strategic Market Research estimates its market size could surge to $1.6 trillion by 2030, amounting to a compound annual growth rate (CAGR) of 38%.
That level of growth is likely to turn many investments across several tech subsectors into metaverse stocks. But two stocks, in particular, are forecast to drive outsized returns from the metaverse -- Unity Software (NYSE: U) and Zoom Video Communications (NASDAQ: ZM). Let's find out a bit more about these two monster metaverse stocks with potential for long-term growth.
Unity is expected to prosper from metaverse interest because it specializes in providing many of the tools the sector needs to grow. Its software, originally designed for high-level video games, helps developers to build representations of 2D and 3D spaces. It is a market leader among video game developers who are adept at creating metaverse-type environments.
Source Fool.com
