Aggressive Investment in AR and VR
An article released this week by VR Room discusses the companies with heavy investment in Augmented and Virtual Reality. Facebook gets a mention, as does Venture capital firm Rothenberg Ventures who it is claimed has made 32 investments in the industry.
Worldwide revenues for the Augmented Reality and Virtual Reality market are projected to approach $14 billion in 2017, according to research by the IDC. But that’s forecast to explode to $143 billion by 2020. Increased investment is leading to hiring sprees for AR/VR jobs.
The article provides graphs to show which companies have invested the most in AR/VR investments and acquisitions. Additionally, there is a graph showing the most AR/VR job listings on LinkedIn such as Microsoft and INTEL.
This article with the graphs can be seen and read in full here.