Virtual Reality

Massive growth in the number of VR producers


Press release: The rumors of VR’s death have been greatly exaggerated

The number of 360 video and VR studios is growing at an explosive rate. On average 1.5 studios are started somewhere in the world every day. VirtualRealityMarketing.com now lists 1784 studios in 72 countries, up from just 99 studios when it launched in 2015.

It seems like we are reading about the death of VR on a weekly basis now. But from this company’s perspective, VR is steaming ahead full speed.

“It’s astonishing to see the number of VR studios launching at such a rapid pace,” said VirtualRealityMarketing.com co-founder Rick Berglin. “We started our directory back in 2015, before HTC Vive and Oculus had even launched, with 99 studios as members. Fast forward a couple of years and we have more than 1700 members. We estimate that on average 1,5 new VR studios open for business somewhere in the world every day. And VR is just getting started.”

The top 5 countries with the most VR/AR/360 studios

  • United States: 554 studios
  • United Kingdom: 271 studios
  • Canada: 105 studios
  • France: 85 studios
  • Germany: 83 studios

The top 5 cities with the most VR/AR/360 studios

  • London: 139 studios
  • Los Angeles: 124 studios
  • New York: 101 studios
  • Paris: 61 studios
  • San Francisco: 41 studios

 

Source: https://www.hypergridbusiness.com

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