The Best Stocks For the AR/VR Boom

PALM BEACH, Florida, Jan. 22, 2020 /PRNewswire/ -- Creating simulated worlds, and overlaying digital information in real-world settings, virtual reality (VR) and augmented reality (AR) have become major industry disruptors. So much so, the industry may soon be worth $80 billion over the next five years, according to Goldman Sachs, as noted by Forbes. However, if VR/AR sees rapid adoption, it could be worth up to $182 billion, as it disrupts multi-billion-dollar industries, including mining, education, the government, the military, retail, and even the video game industry because it's the "first consumer market to develop VR products and establish a community of users," as also highlighted by Forbes. Better, venture capital firms have invested more than $3.5 billion in VR/AR over the last two years with several companies leading the charge, including NexTech AR Solutions (OTCQB:NEXCF)(CSE: NTAR), Alphabet Inc. (NASDAQ:GOOG), Facebook Inc. (NASDAQ:FB), GoPro Inc. (NASDAQ:GPRO), and Advanced Micro Devices Inc. (NASDAQ:AMD).

NexTech AR Solutions (OTCQB:NEXCF)(CSE: NTAR) BREAKING NEWS: NexTech AR Solutions, the leader in augmented reality (AR) for eCommerce and AR learning applications just announced that it's preparing to launch a Virtual Reality (VR) division called VRitize. The new VRitize division will help the company achieve its projected revenue goal of $20 million in 2020 by working side by side with the ARitize division utilizing many of the same 3D assets created for AR, only now in a fully immersive new and exciting VR experience for in store retail. V-commerce has been coined as a way to create virtual stores where a customer could choose and buy products virtually in 3D. VR in retail is predicted to reduce marketing costs, reduce product returns and offer efficient analytics and data which is very similar to the AR value proposition for E-commerce. With ARitize and now VRitize Nextech has positioned itself at the intersection and transformation of the entire $3.7 trillion-dollar (Statista) retail ecosystem with the industry's first state of the art one-stop E-commerce, V-commerce AR/VR solution.