We should all be thinking about how augmented reality and virtual reality applications will affect our business. This is a handy list of some of the leaders in the space.
Augmented reality and virtual reality (AR/VR) are poised to be one of the next largest consumer electronics verticals. By one Goldman Sachs estimate, AR/VR has the potential to surpass the TV market in annual revenue by 2025, which would make AR/VR bigger than TV in less than 10 years. And in 2015 alone, AR/VR startups raised a total of $658M in equity financing across 126 deals.
While AR/VR startups continue to garner a lot of media headlines and hype, the industry is still very much in its infancy, with nearly 75% of all deals coming at the early-stage (Angel – Series A) in 2015.