As the talk around virtual reality, augmented reality, and other immersive technologies about the metaverse continue to grow in magnitude over recent years, so too has investor enthusiasm for reaping the rewards from companies reimagining how we interact and do business within this lucrative metaverse space. With these indicators of success evident throughout the industry, it would be wise for savvy investors to look closely at some of the proposed metaverse growth stocks mentioned herein.
Nvidia’s Hardware Can Fuel the Metaverse
Nvidia’s high-performance GPUs are sure to be an integral part of powering the metaverse, as they will enable virtual environments to become available and accessible. With their success in traditional areas, Nvidia has been able to invest in more modern verticals such as Omniverse – a content creation platform for the nascent industry. This makes Nvidia one of the top choices for tech stocks.
Unity Software Revolutionized the Video Game Engine Market
Unity Software has transformed the video game engine industry by offering an all-encompassing platform that provides visual design, audio, monetization capabilities, and more. Its user-friendly interface is easily understandable for newcomers and experienced developers alike– no surprise why it’s claimed a staggering 60% of market share!
During an interview last year, John Riccitiello of Unity emphasized the importance that real-time 3D holds for creating metaverse experiences. Augmented reality and virtual reality (AR/VR) will have a huge influence in making these immersive occasions truly come alive; thus is where Unity’s 3D tools come into play. As their software package is specially designed to be employed within the metaverse, it has quickly become one of the greatest stocks available in this sector.
Microsoft Seems To Have A Solid Plan For The Metaverse
Microsoft is a frontrunner in the metaverse market and has developed a comprehensive plan to take its place at the top. Recently, Microsoft launched Mesh on its Teams platform, allowing users to have groundbreaking virtual experiences. This technology has opened up a titanic sub-genre in the corporate sector – entering what is known as the “workplace metaverse.” To complement this development, they are also working hard to provide an optimized user experience with their mixed-reality headset HoloLens.
Moreover, the metaverse and cloud cannot be separated, which serves as a catalyst for Azure’s future growth. During the conference, its engineers discussed the immense potential of industrial metaverse use cases. They presented Azure Percept, an integration of hardware and software services that can significantly influence production management, potentially saving millions in operational costs! Its comprehensive plan and solid background make Microsoft one of the potentially-lucrative tech stocks.
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