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Location-based VR market set to boom

Location-based VR market set to boom

News reports of experiential location-based virtual reality (LBVR) in shopping arcades, theme parks and movie theatres are taking the global press by storm. Companies including FoxNext, Zero Latency and Disney’s…

VR veterans open production studio

Four VR industry veterans from Discovery Digital, Oculus Story Studio and Lightshed have officially launched their new company in San Francisco. The new studio, called Tomorrow Never Knows, aims to…

IHS: AR/VR consumer content + apps $3.2bn market

IHS: AR/VR consumer content + apps $3.2bn market

There was good progress in the combined virtual reality (VR) and augmented reality (AR) market in 2017, as a growing user base invested in more content, apps and out-of-home VR…

Analyst: VR/AR device $9.9bn market

Analyst: VR/AR device $9.9bn market

The latest forecast published by technology research firm CCS Insight shows the worldwide market for virtual reality (VR) and augmented reality (AR) head-worn devices growing by an average of 50…

AR/VR startups raise record $3.6bn in last year

AR/VR startups raise record $3.6bn in last year

AR/VR startups raised a record over $3.6 billion from VCs and corporates in the last 12 months to the end of Q1 2018. Over three-quarters of a billion dollars was…

PS VR price cut

PS VR price cut

Sony has announced that it is permanently cutting the price of its PlayStation VR gaming headsets. The new starting price for PlayStation VR will be £259 in the UK (down…

BBC adds new exhibits to Civilisation’s AR

BBC adds new exhibits to Civilisation’s AR

BBC Research & Development has made new work on BBC Two’s arts and culture series Civilisations available for people to try. Nine new artefacts have been added to augmented reality…

UK launches creative industries sector deal

Britain’s creative industries are set to consolidate the nation’s position as a global creative powerhouse, following a new Industrial Strategy deal agreed between government and the Creative Industries Council (CIC)…

Spain: Mediapro covers Arabian Football in VR

Spanish TV company Mediapro is set to produce live TV streaming of Arabian Gulf League football matches in Virtual Reality for the rest of the current season. At least 10…

IDC: AR/VR sales to rebound this year

IDC: AR/VR sales to rebound this year

The sale of Augmented Reality (AR) and Virtual Reality (VR) headsets and content have not set the world on fire to date. Despite plenty of enthusiasm and hype the actual…

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