$XRA is a company that focuses on bringing XR technology (AR, VR, MR) beyond gaming by providing XR solutions to businesses wishing to improve customer experiences.
The XR market is estimated to reach $393B by 2025, growing with a CAGR of 69.4%. Making it one of the fastest-growing tech markets. This growth is led by one thing, the increasing adoption of XR in a wide range of industries.
- Retail, military, healthcare, education, etc.
- New technological advancements and improved computer performance also allows innovation in the XR space giving the sector a more comprehensive range of offerings
https://www.globenewswire.com/en/news-release/2021/08/09/2277296/0/en/Extended-Reality-XR-Market-Size-to-Reach-USD-393-Billion-by-2025-at-69-4-CAGR-Report-by-Market-Research-Future-MRFR.html
$XRA has found 3 main areas to build solutions for any vertical.
- XR e-commerce (mobile and web-based)
- XR app/game development
- Existing app/game partnerships or under monetized acquisitions
Overall, $XRA is looking pretty attractive at these levels. Only a $24M market cap here at $0.35. Mix that with the XR market’s growth. I expect a lot of good things to come!