3 Virtual Reality Stocks (That Aren’t Facebook or Sony) – Investorplace.com

Posted: July 11, 2017 at 10:13 pm

Jul 11, 2017, 3:29 pm EDT |By Samuel Rae, InvestorPlace Contributor

Recent analysis suggests that the global augmented and virtual reality market will reach nearly 100 million annual units sold during 2021. For perspective, less than 10 million units were sold during 2016, meaning the space will grow at a CAGR of more than 57%. Its an explosive industry, sure, but ask someone to name the top virtual or augmented reality stocks available today and youll no doubt get the same standard response Facebook Inc (NASDAQ:FB) and Sony Corp (ADR) (NYSE:SNE).

Source: Shutterstock

Facebooks Oculus Rift hashaving sold just shy of 250,000 unitsby the end of 2016, and Sony just announcedthat it has topped 1 million sales of PlayStation VR. Both companies are indeed some of the front runners in the space, pioneering what amounts to a brand new industry and doing so with some degree of success.

These arent the only exposures available to an investor looking to get in on the action, however.

Here are three companies set to benefit from the growth of the VR/AR market, none of which are Facebook or Sony.

Next Page

Article printed from InvestorPlace Media, http://investorplace.com/2017/07/three-virtual-reality-stocks-arent-facebook-sony/.

2017 InvestorPlace Media, LLC

See original here:

3 Virtual Reality Stocks (That Aren't Facebook or Sony) - Investorplace.com

Related Posts