$XRA - Newly Listed XR Company/Huge Sector Growth XRApplied just listed back onto the CSE under the ticker $XRA a few days ago. The global AR and VR market is set to grow exponentially over the next few years (one estimate says it will reach $463B by 2028, another even estimates $463B by 2026). $XRA aims to be the all-in-one XR (extended reality) toolkit for small and large businesses alike.
https://manometcurrent.com/extended-reality-xr-market-encouraging-usd-463-bn-by-2028-dell-technologies-eon-reality-google-honeywell-international-htc-corp-magic-leap-manus-machinae-microsoft-nokia-oculus-vr-qualcom/
IMO $XRA can become a $1B+ company due to the variety of uses of XR. Their tech is needed by companies in
- Gaming
- E-commerce
- Design/real estate
- Education
- Military
- Medical
- Manufacturing
- Etc.
By providing the XR toolkit and having a global team of experts available for consulting, $XRA is becoming a more prominent player in the XR field every day. Instead of building hardware, they provide the software needed for companies to make their own solutions while simultaneously building their projects, generating revenue from several different streams.
Businesses need to adapt to the ever-changing landscape of tech to secure and keep customers. Since $XRA is one of the only companies focusing purely on XR technology, I believe that they’re the best bet for people solely interested in the sector because of the relatively low valuation of $29M.