What is the metaverse? No one can tell you exactly what the metaverse is, you have to see it for yourself. But apparently it’s the next internet – basically a future virtual space which makes use of new hardware and software to allow people to work, play, shop, and socialize. And ever since Facebook doubled down and rebranded as Meta, the metaverse has become a hot topic.
Future predictions are pretty synonymous with the metaverse: some have proclaimed 25% of us will be spending an hour a day in the metaverse by 2026, while JP Morgan believes its a $1tn industry waiting to happen. But whether you think it’ll become the future of all mankind or just go the way of 3D TVs, what you can't ignore is that some of the biggest businesses on the planet are going all in on it. So if you’d like to join their ranks you could consider investing in some of these – relatively – early adopters.
This list includes those substantially invested in metaverse infrastructure with a market cap of at least $10bn. This means we've selected companies that create 'immersive hardware', semiconductors, 3D software, and/or platforms or specialist connectivity to the VR space. Therefore, this doesn't include major brands getting in on the act with products found in the metaverse like NFTs. Remember, even though the worlds being created are virtual, the gains and losses for your portfolio will be all too real – so make sure to do your homework before strapping on that investing headset.