The Covid-19 pandemic accelerated many trends in our society. Investors have already taken advantage of the surge in e-commerce and remote work stocks. Society has changed and what normal will look like will likely include more than just remnants of the habits and efficiencies we developed during the pandemic. And while individuals were discouraged from meeting in the real world, it turns out they were enjoying the pleasures of the virtual world. In fact, from 2019 to 2020 the global market for virtual reality (VR) and augmented reality (AR) gaming jumped from $5.1 billion to $17 billion. And while investors are not likely to see the continued growth of 233%; the market is expected to increase at a CAGR of 31.8% between now and 2027. That would put the total market at $45.2 billion. Of course, some investors are already engaging with this technology. The tip of the spear comes in the form of virtual reality headsets that operate as standalone units or with gaming consoles. However, with both the number of devices and potential applications being limited; VR and AR remains a niche industry. But that is likely to change. And as the price goes down, the utility will go up. This means that the growth in virtual reality stocks is a story that will play out over the next decade at least. And if everything goes according to plan, many consumers may be traveling in Mark Zuckerberg’s metaverse by then. If you’re looking to invest in this growing sector, we’ve put together this special presentation that highlights seven virtual reality stocks that, while they dabble in the virtual world can deliver real profits for your portfolio. View the “7 Virtual Reality Stocks That Can Deliver Very Real Profits”
Matthew Paulson
MarketBeat.com | 
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