In the world of technological advancement, few innovations hold as much promise as virtual reality (VR). With the ability to immerse users within meticulously crafted digital worlds, VR introduces a new and innovative dimension of interaction. As the global VR market surges—valued at USD 12.6 billion in 2021—projections soar to a massive USD 80.7 billion by 2028! This surge can be attributed to several factors including heightened hardware accessibility, innovative applications, and a consumer-insatiable demand for immersive experiences in gaming, entertainment, and education. As VR steps beyond entertainment and education, its influence on the stock market emerges as an unique opportunity, potentially reshaping how financial information is accessed and decisions are made…
Below we will discuss five small cap stocks in the virtual reality realm and how these innovative companies have grown.
Small Caps in Virtual Reality
Matterport (NASDAQ:MTTR): Matterport is a spatial data company that provides 3D scanning and visualization tools. The company's technology is used by businesses and organizations to create immersive digital twins of physical spaces. Matterport's stock price has risen by over 300% in the past year.
Vuzix (NASDAQ:VUZI): Vuzix is a wearable technology company that develops and manufactures VR headsets and other wearable devices. The company's products are used by businesses and consumers for a variety of applications, including gaming, education, and industrial training. Vuzix's stock price has risen by over 200% in the past year.
Kopin (NASDAQ:KOPN): Kopin is a technology company that develops and manufactures microdisplays for VR headsets and other wearable devices. The company's microdisplays are used by leading VR headset manufacturers, such as Meta and Sony. Kopin's stock price has risen by over 100% in the past year.
Upskill (NASDAQ:UPSK): Upskill is a software company that provides VR training solutions for businesses. The company's software is used to train employees on a variety of skills, including safety procedures, customer service, and product knowledge. Upskill's stock price has risen by over 50% in the past year.
InfiniEye (NASDAQ:INFI): InfiniEye is a technology company that develops and manufactures VR displays. The company's displays are used by businesses and consumers for a variety of applications, including gaming, education, and industrial training. InfiniEye's stock price has risen by over 30% in the past year.
Final Thoughts
As the VR landscape continues to evolve at a rapid pace, investors have begun taking note. The current growth rate in the VR market, with its value set to skyrocket from USD 12.6 billion in 2021 to a projected USD 80.7 billion by 2028, is attributed to several driving forces within multiple industries. The potential for exciting expansion within the VR realm is undeniable, and the stocks spotlighted above could potentially offer a foothold into this immensely promising frontier. As the VR market matures and expands, these investments could serve as a gateway for those seeking to immerse themselves in a world where pixels, data, and reality converge in unprecedented ways.
Disclaimer
This website is a wholly owned subsidiary of SCD Media, LLC, herein referred to as Smallcaps Daily. Our publications are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. We may receive compensation for this article on a PPC basis as an affiliate. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The disclaimer is to be read and fully understood before using our services, joining our site or our email/blog list as well as any social networking platforms we may use. PLEASE NOTE WELL: Smallcaps Daily and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever.Release of Liability: Through use of this website viewing or using you agree to hold Smallcaps Daily, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Smallcaps Daily encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and Smallcaps Daily makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provided herein. Instead Smallcaps Daily strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. Smallcaps Daily is compliant with the Can Spam Act of 2003. Salesparq, LLC does not offer such advice or analysis, and Smallcaps Daily further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries and extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results.In preparing this publication, Smallcaps Daily, has relied upon information supplied by its customers, publicly available information and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. Smallcaps Daily has not been compensated for this article. The advertisements in this website are believed to be reliable, however, Smallcaps Daily and its owners, affiliates, subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. Smallcaps Daily is not responsible for any claims made by the companies advertised herein, nor is Smallcaps Daily responsible for any other promotional firm, its program or its structure. Smallcaps Daily is not affiliated with any exchange, electronic quotation system, the Securities Exchange Commission or FINRA.
