What are the top virtual reality companies operating out of Taiwan? With HTC accounting for about 13% of the current VR headset market, it’s only natural that an ecosystem of XR companies and startups would bloom in Taiwan.
Virtual reality applications in education, automotive, healthcare, and aerospace & defence are proving to be just as significant to giants like Oculus and HTC when it comes to investing in the market. And it seems hardware sales are increasingly dependent on the success of VR software. By 2022, it’s predicted that the software market will be worth a whopping $6.4 billion – more than double its current size. Just who are the software producers ballooning this burgeoning market?
The 2020s looks to continue making what was once thought of as the highest of high tech more accessible than ever. Of course, the startups emerging across the globe are working diligently toward this ambition, not least of all virtual production toolmaker Glassbox Technologies.
Israel-based Wearable Devices transformed the virtual reality experience with its wrist-worn device Mudra Inspire. The company was also the winner of Pitch Force Silicon Valley@TechCode held in Sunnyvale in July of 2019.
Dutch VR company MedKitVR creates VR applications for use in hospitals by patients and staff. The company works to ease the implementation of VR in hospitals.
Escape Rooms: In VR? Virtual Room has digital transformed entertainment with a brand new immersive VR collaborative game experience.
Extending the success from last year, the Holland Startup Lounge at InnoVEX 2019 presented once again an amazing delegation with14 startups and incubators, covering a variety of topics from IoT, Blockchain,Touch Technology to 5G.
This year, 467 startups from 25 countries and regions are participating in the 3-day event, with focus in 7 major industries: AI, Biotech, Blockchain, IoT Application, Smart Machinery, Sports Tech, and Startup Ecosystem. The event presents vibrant startup scenes including exhibitions, forums, pitch contests and more. Here are some interesting highlights from our first day at InnoVEX.