Tech Companies Poised to Cash In on Virtual Reality Market
October 25 2016 - 7:45AM
InvestorsHub NewsWire
New York, NY -- October 25, 2016 -- InvestorsHub
NewsWire -- Gamers have been salivating over the idea of virtual
reality for years, but the concept and its potential uses have not
been entertained to any extent by the mainstream until recently.
That, though, is about to change as tech companies, big and small,
have been gearing up to develop and commercialize VR technology for
a market that is expected to grow from a current $1 billion to one
that could reach as high as $180 billion by 2025.
The adoption rates for VR technologies have been
slow, primarily due to “cyber sickness,” high prices, a dearth of
applications and the classic “chicken-and-egg” phenomenon. However,
“cyber sickness” is being addressed, prices are dropping, and
developers are fast finding new potential uses beyond
gaming.
Click the link at the bottom of this article to see our small cap
VR company with a big investment from a Large Cap suitor.
And investors can’t help but notice how big tech
companies are increasing their forays into the field. As “gaming”
remains VR’s primary application, Sony Corporation (NYSE:
SNE) and Microsoft Corporation (NASDAQ:
MSFT) have been developing new VR technologies to incorporate
into their respective gaming platforms, PlayStation and Xbox.
Facebook (NASDAQ:
FB) entered the VR tech race in 2014 with its large, $2 billion
buyout of privately held Oculus VR, considered the leader in VR
headset development. Facebook is reportedly seeking ways to
incorporate VR into the social media experience.
“Alphabet,” the new parent company name of
“Google,” has proven that there are workarounds to high prices,
with the 2014 introduction of a low-cost cardboard VR viewer that
works with smart phones to provide the VR experience. The company
has shipped 5 million of the units, and the device has inspired the
development of more than 1,000 applications for its use. Stay-tuned
for the November release of the much more robust (non-cardboard)
“Daydream” viewer that will come with many more features and a
higher price tag, though still significantly cheaper that other VR
platforms.
With all of this activity in the VR sphere,
investors may be tempted to jump on the large-cap bandwagon. But
investors should also look for opportunities presented by less-well
known small-cap companies that may also benefit from this rapidly
growing market.
Traders News Source has found one such
intriguing small-cap, which is poised to capitalize on the
headset/eyewear portion of the market, a sub-sector that one
analyst believes will see more than 80 percent compound annual
growth over the next 10 years. This company, with dozens of patents
and numerous worldwide technology innovation awards, is about to
bring its latest generation “smart” glasses to market, offering
consumers a wearable computer that provides “hands-free” digital
access to a wide range of information, data and more. This will be
followed in 2017 with the expected commercial introduction of a new
line of “fashion smart” glasses, with even more enhanced features.
All of this with the backing of a tech behemoth, which has a 30
percent stake in the
company.
Learn more about this small-cap virtual reality
company with no obligation here- READ MORE
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