The Most Important Virtual Reality Stocks To Watch 2019

vitual reality stocks

In a short period, Virtual Reality (VR) has grown to become one of the most exciting sectors in tech.  Virtual reality allows developers to create a three-dimensional media experience.

Video games are the most popular application of VR technology, but there are countless potential uses for it. VR has the potential to revolutionize several massive industries, including healthcare, defense, education, real estate, manufacturing, retail, and more.

Researchers at Mordor Intelligence have reported that the global VR market was valued at $3.13 billion in 2017 and is expected to grow at a CAGR of 58.54% to reach $49.7 billion by 2023. In 2014, there were less than 1 million VR users, but the number of people using VR had already exceeded 150 million in 2018.

virtual reality stocks chart

Global virtual reality revenue was $7.2B in 2017, and Greenlight Insights forecasts that industry revenue is on track to hit $75 billion by 2021, so including some VR stocks in your portfolio could be a good idea.

If you want to invest in the VR industry, you need to learn the players. Big Tech names are developing VR to maintain their lead, while startups are disrupting markets with virtual reality innovations.

Let’s look at some of the best virtual reality stocks on the market. The VR industry is segmented by product type into hardware, software, gaming console, desktop, and smartphone.

Top Virtual Reality Stocks: Hardware

Facebook (NASDAQ: FB) is one of the biggest players in VR because its Oculus Headsets lead the market.

virtual reality stocks Users can immerse themselves in their favorite digital entertainment; including games, movies, and more. Facebook has a strong consumer base, brand recognition, and financial firepower. If anyone can push VR into mainstream adoption, it’s Facebook. If Facebook can commercialize VR for facilitating social interactions it has a massive user base to market its virtual reality products to.

Vuzix Corp (NASDAQ: VUZI) is another player in the hardware segment of the world of Virtual Reality stocks. Vuzix makes VR and AR products for both consumer and enterprise customers.

Vuzix makes wearable display devices that allow users to interact with digital content in a VR environment.

The company has an impressive IP portfolio of 66 patents and 43 pending patents, so it’s a potential acquisition target.

Best Virtual Reality Stocks: Software

Qualcomm Incorporated (NASDAQ: QCOM) is not a pureplay VR stock, but it’s exposed to the VR space. The company provides visual, sound, and intuitive interactions technology solutions for creating immersive VR experiences.

Qualcomm’s Snapdragon VR SDK offers access to advanced technical features on Snapdragon VR devices. Developers use VR SDK to create complex virtual environments on a user-friendly platform.

Best Virtual Reality Stocks In Gaming Console

On the international stage, Taiwanese HTC (TPE: HTC) is another VR stock to consider.

HTC’s Vive VR headsets are the only real competition to Facebook’s Oculus. Oculus is best suited for cockpit games, while Vive has distinguished itself in games that involve standing or walking.  HTC is the third place company in the sector – trailing Sony (SNE) and Facebook – with  12.9% of the market share. Vive can capture additional market share by continuing to improve its headsets and VR accessories.

The Best Virtual Reality Stocks: Desktop

Microsoft Corporation (NASDAQ: MSFT) has two key virtual reality products lines: HoloLens and mixed reality.

The mixed reality platform helps to overlay digital content on the physical world within the desktop environment. For instance, Dynamics 365 users can interact with 3D computer models that are projected onto physical spaces as holograms.

Top Stocks In Virtual Reality: Smartphone

Apple (NASDAQ: AAPL) has made some forays into the augmented reality space, especially with the addition of ARKit to the iPhone in 2017. Rumor has it that Apple is working on a line of AR/VR headsets. However, the firm has yet to publicly announce its plans with VR.

Nonetheless, Apple will be a huge leader in the market if it gets serious with VR. Interestingly, there are many iPhone compatible VR headsets, but it would be a game-changer if the company announced that they are producing their own Apple brand VR headset.

Google (NASDAQ: GOOGL) is focusing on the mobile aspect of VR technology. The company is working on an immersive virtual experience, even offering development tools to build and experience VR.

Google’s Android OS comprises approximately 75% of worldwide smartphone OS market share,  and they also control 28% of the tablets market share. Google is perhaps in the best position to unlock the mass-market potential of Virtual Reality.

However, Google isn’t limiting its vision to mobile. News broke that the company is patenting a pair of motorized VR roller skates. Google might be the safest long-term bet of all the virtual reality stocks mentioned.

The Bottom Line

It would be a mistake to think that the virtual reality market is limited to gaming. The potential applications of this technology are basically limitless. These companies are in an excellent position to capture VR market share as the industry grows.

Keep an eye on these virtual reality stocks, and follow The Stock Dork for the latest market updates.

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