On August 1, Silicon Valley Venture Company The VR Fund and Belgian startup LucidWeb jointly released the first half of 2017 Europe's VR industry landscape map and mid-year report. The report shows that the European VR market is expanding at an alarming rate.
The report shows that there are currently 487 VR companies in Europe. Compared to the first European VR industry landscape map released in February this year, the number has increased by more than 100. (Extended reading: "The first European VR industrial landscape map released")
In addition, with the rapid expansion of the VR industry in Europe, some industrial centers have gradually formed: 46 VR companies are located in the United Kingdom, 29 are located in France, 19 are located in Switzerland, and 15 are located in Germany.
LucenWeb co-founder and CEO Leen Segers said: “The VR industry continues to grow, with the number of excellent Swiss VR startups growing rapidly, surpassing Germany, behind only the UK and France.â€
This mid-year report was jointly developed by The VR Fund and LucidWeb earlier this year. The survey targets technology companies that are committed to the development of VR content such as infrastructure, tools, platforms, and applications. In addition, this report added a survey on VR advertising.
The report survey results also include the following:
Although investments in VR technology companies have continued to increase, investment in VR medical and VR education has been somewhat muted.
The game is still the most enthusiastic and most competitive industry among investors.
User input technologies for the brain, body, eyes, and feet are among the fastest growing areas. Among them, the British company Ultrahaptics received 23 million US dollars in financing.
3D Tools Technologies has the largest investment, including the $500 million in financing that British company Improbable received in May.
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