Tactile Analytics is pleased to announce it has been chosen to help construct and provide ongoing analytical support to the new EQM Tactile AR/VR Virtual Technology Index (ARVRIDX).
The index will apply a quantitative screening methodology that will augment Tactile Analytics’ database of global companies that are expected to benefit from the increased adoption of augmented reality and virtual reality (AR/VR) technologies.
Tactile Analytics believes AR/VR technologies are poised to hit an inflection point of declining costs and increasing consumer adoption, with the potential for wide ranging impacts across multiple sectors. Industry analysts believe the market for AR/VR could grow to over $200 billion by the early 2020s.
“With the increasing proliferation of AR and VR technology, we expect many markets and industries to be disrupted, creating substantial economic opportunity,” Mark Swaringen, Tactile Analytics Co-Founder, said. “Those companies that are investing in AR/VR, such as Facebook with Oculus, HTC with Vive, and start-ups like Magic Leap, stand to benefit from the wave of change ahead. We expect such technologies to fundamentally change the way society interacts with the digital universe, forever changing fields such as healthcare, engineering, and education.”
The index is designed to measure the performance of publicly listed equities and will be tracked by the first exchange traded fund (ETF) offering investors exposure to the AR/VR sector.