AR and VR are boosting deeper engagement between digital content and its viewers. The Augmented and Virtual reality market size was valued at US$14.84 Billion in 2020 and is projected to reach US$454.73 Billion by 2030, registering a CAGR of 40.7%. The increasing application of augmented reality and virtual reality in healthcare, retail, entertainment, media, manufacturing, aerospace, defense, and education will boost the growth of the AR VR market during the forecast period. This article lists the top 5 AR and VR stocks to buy in 2022.
Current Market Stock: US$85.82
Sony developed its own virtual reality headset compatible with its popular PlayStation consoles, the PlayStation VR. Using the PlayStation 4 (or PS5) to power the headset allows Sony to support one of the best gaming experiences in VR. However, the PlayStation branding and the console's specialized chipset may be holding Sony back from broader VR applications.
Current Market Stock: US$40.52
Unity Software Inc. offers industry-leading solutions to design and develop 3D content which can be rendered on smartphones, tablets, computers, consoles, and augmented and virtual reality devices. It is one of the best-augmented reality stocks to invest in now as the company has several competitive advantages over other major players.
Current Market Stock: US$262.27
While other hardware and software companies focus on the consumer space, Microsoft has directly taken its VR technology to enterprise customers. It describes its HoloLens device as an "untethered self-contained holographic device with enterprise-ready applications." It's marketing its device to manufacturers, healthcare providers, and educators. The company has its own suite of industry-specific apps and more than 200 partner applications for the device.
Current Market Stock: US$92.66
Etsy, Inc. is leveraging augmented reality to boost user experience and in turn grow its business. The stock is among the top 10 augmented reality stocks to invest in.
Current Market Stock: US$113.90
Google has been working on VR hardware and applications for years. Since it launched the oft-mocked Google Glass in 2013, its intentions have been clear: to take the internet and put it right in front of your eyes.
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