2 Stocks to Invest in Virtual Reality
Virtual reality (VR) has shown up in a number of devices and iterations since the early 1990s. However, recent advances in the technology have only just made it possible for VR to fulfill the experience developers have been after for years.
Sony and Meta have dominated the industry since around 2015 with their headsets, mainly geared toward VR gaming. According to Grand View Research, the VR market was valued at $21.83 billion in 2021 and will expand at a compound annual growth rate (CAGR) of 15% through 2030. As a result, the industry is looking increasingly attractive to other tech giants considering joining the high-growth market.
It's still fairly early days for VR and its potential in industries outside of gaming, making now an excellent time to invest. Here are two virtual reality stocks to buy right now.
Source Fool.com