![]() According to the Grand View Research report, the global market size for VR devices is $7.81 billion - and is projected to grow at a compound annual growth rate (CAGR) of 28.2% from 2021 to 2028. These recent expansions follow the $2 billion Oculus deal made in 2014. Downpour Interactive, known for its popular VR military simulation Onward, focused on a multiplayer experience.Unit 2 Games, creators of Crayta platform for user-generated video games and assets.Bigbox VR, another VR content maker known for its POPULATION:ONE battle royale VR game.Within studio, the creators of Supernatural workout VR game. ![]() Meta has made a series of Metaverse acquisitions of late: In 2021 alone, Meta will invest $10 billion, representing 11.6% of the company’s $85.9 billion revenue from 2020, to build virtual reality assets. Meta Has Been Collecting Metaverse Assets With a market cap of $938.1 billion, Meta price swings are within single digits, while new metaverse stars are rapidly gaining ground. Please consult our website policy prior to making financial decisions.įollowing Facebook’s name change to Meta, metaverse coins have seen price rises, in an emerging subcategory of cryptocurrencies. Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice.
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