VRVCA also published its 2018 Annual VR/AR Investment Report today 2018 Annual VR/AR Investment Report today in cooperation with China Venture, UploadVR and MoguraVR, which includes key investment study data from all the major VR/AR markets as well as interviews with investment partners from over 20 leading venture firms to provide unique perspectives and insights on market trends and opportunities.
Despite some views of a 2017 “VR winter”, global VR/AR investments actually grew in 2017 to reach an all-time high of almost $3 billion; financing challenges mostly affected startups at the angel stage, with overall deal count and size increasing year-on-year.
Looking forward to 2018, almost 90% of investors expect total VR/AR funding to increase or remain at 2017 levels. The report concluded that new investment opportunities will likely increase with the consumer adoption of lower entry barrier all-in-one VR/AR devices, a new generation of PC VR devices that enables greater enterprise applications, phone-based AR solutions that push the boundaries of immersive technologies and the imminent global deployment of 5G networks that will make Cloud VR/AR a reality. Startups focusing on VR/AR who seek to join the alliance, as well as sign up for coming events can apply at vrvca.com/.