XR is the future! XR uses increase every single day as more people find innovative and unique ways to utilize the technology; for example, in art galleries, artists are beginning to integrate XR features into the art. Check out this video: https://twitter.com/pierskicks/status/1430287125635809290?s=21
The XR in the art gives it a super unique and immersive feel, almost like a game. Now imagine this tech in retail, training, and in other museums (think about going to a historic site and seeing it be rebuilt through XR). That's why XR is becoming one of the fastest-growing industries, with a CAGR of 62.67%. Due to this extreme grow I've been looking into $XRA, which is one of my top picks in the sector. $XRA is a company focused on bringing XR tech to the average consumer/brand. They have a few different revenue streams as well.
- Custom Solutions: Selecting the best XR solution for a business from the XRA toolkit and implement an XR solution tailored to that company.
- Scalable Technologies: Leveraging their experience to build scalable XR solutions that can then be applied to other companies in the sector.
- Apps and Games: Leverage XR technologies in games and apps to scale businesses and drastically increase exposure/revenue opportunities.
- Partnerships and Acquisitions: By partnering with under-monetized assets, $XRA can secure high-potential revenue streams.
https://www.mordorintelligence.com/industry-reports/extended-reality-xr-market
Overall, combining the sector’s growth and today’s dip, it might be a good time to get in. Only a $17M market cap here!