
VR is just around the corner and these companies are ahead of the curve.
At a time when investors are pretty skeptical of tech stocks, now might seem like an odd time to jump into virtual reality (VR).
But the massive VR market size (which includes related augmented reality and mixed reality) will be worth an estimated $252 billion by 2028, up from just $28 billion in 2021.
That market opportunity is too big to ignore and there are some great companies investing in the hardware and software to make it a reality. Here’s why Apple (AAPL -0.17%), Alphabet (GOOG 0.27%) (GOOGL 0.37%), and Nvidia (NVDA -0.73%) have great VR potential.
A new Apple headset may soon be a reality
The iPhone maker has long been rumored to be working on a mixed-reality headset (some VR and AR capabilities) that could debut as soon as next year.
Noted Apple analyst Ming-Chi Kuo thinks the company will launch its mixed-reality headset in 2023 and could ship 1.5 million units in the first year.