Israel Addressing Global AR and VR Markets

Published by , June 20, 2016 3:04 am

(JWeekly) An estimated 60 companies in Israel are addressing the global market for VR and AR. Since 2014, an estimated $170 million has been invested in Israel in AR/VR. In fact, several of the world’s largest tech players, such as Facebook, Apple, Intel, Microsoft and Baidu, have been highly active acquiring Israeli AR/VR technology companies.
To help facilitate business opportunities for companies in this space, the Israel Economic Mission to the West Coast recently hosted a roadshow in the Bay Area and Los Angeles featuring eight of Israel’s most innovative AR/VR companies. The technology that was showcased represented a rich spectrum of the Israeli virtual and augmented reality technological ecosystem, from hardware and software solutions to games and educational content.

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