Top 5 Augmented Reality Companies to Invest in Now: A Look at Their Stocks

As technology continues to evolve, the scope of augmented reality (AR) is gradually expanding in various fields, including gaming, education, healthcare, and manufacturing, among others. With the increasing demand for AR-based solutions, several companies have emerged as prominent players in this industry. Here, we take a look at the top five AR companies to invest in now and gain a wider perspective on their stocks.

1. Apple Inc. (AAPL)

As one of the leading technology companies in the world, Apple has made significant strides in developing AR-based products, such as ARKit and ARCore, focusing on delivering immersive experiences for mobile devices. Furthermore, Apple’s recent acquisition of Vrvana, a mixed reality headset manufacturer, has set the stage for the company’s future endeavors in the AR domain. Apple’s stock has been performing well consistently, with a market cap of over one trillion dollars, making it a solid choice for investors looking for stability.

2. Google (GOOGL)

Google has also taken an interest in AR technology and has created ARCore, a software development toolkit for Android devices, enabling developers to build AR-based applications quickly. Moreover, the company’s acquisition of Owlchemy Labs, an AR/VR game development studio, highlights Google’s commitment to improving AR experiences for users. In terms of stock performance, Google has been a solid investment, with a market cap of over one trillion dollars.

3. Microsoft Corporation (MSFT)

Microsoft’s foray into AR began with the development of HoloLens, an AR headset intended for use in gaming, education, and manufacturing. Microsoft’s willingness to invest heavily in the AR domain is evident from their $500 million contract with the United States military to manufacture custom HoloLens headsets. Furthermore, Microsoft’s recent acquisition of AltspaceVR, an AR-based social networking platform, hints at the company’s intention to integrate AR into all aspects of human interactions. Microsoft’s stock has been performing fantastically well, with a market cap of over two trillion dollars.

4. Facebook (FB)

Facebook’s acquisitions of Oculus VR, a virtual reality headset manufacturer, and Spark AR, an AR-based interactive design tool, demonstrate the company’s seriousness about integrating immersive technologies into its social media platform. Facebook’s willingness to experiment with cutting-edge technologies makes it a potentially lucrative investment for those looking to back a tech giant. Facebook’s stock has been consistently performing, with a market cap of over 800 billion dollars.

5. Qualcomm Incorporated (QCOM)

Qualcomm is a leading semiconductor manufacturer that produces advanced semiconductor products such as Snapdragon, which is widely used in many smartphones. The company’s AR capabilities are evident from the development of its Snapdragon XR2 platform, which offers AI and AR-based solutions to enterprises. Qualcomm’s stock offers investors a different perspective, as they focus mainly on the building blocks of emerging technologies’ infrastructure. With a market cap of over 150 billion dollars, Qualcomm offers investors a reliable choice.

Conclusion:

In conclusion, the AR industry is expanding rapidly, with several companies at the forefront of this revolution. Each of these five companies has demonstrated significant interest and investment in AR technology. Investors looking to back an AR-based solution must undertake thorough research and analysis before investing in any of these companies. As market trends and share prices change rapidly, regular monitoring of stock performance is critical. However, these five companies offer a solid foundation upon which investors can seek to ride upon to financial success.