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90% of Chinese VR Startups Have Gone Bankrupt. Here’s Why That’s a Good Thing.

VRScout

Research about this rapid decline was conducted and issued by iiMedia Research, a third-party data collector and analyst of technological digital platforms. In the wake of Facebook’s acquisition of Oculus in 2014, investment spiked: 270 million yuan ($38.9 As it turns out, investment is still flowing into the Chinese VR industry.

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How Eye Tracking is Driving the Next Generation of AR and VR

VRScout

In January of 2017, FOVE, a Japanese VR startup, released the first eye-tracking VR headset. UBI Research expects total shipments to exceed 65 million units by 2021 and International Data Corporation (IDC) forecasts a five-year compound annual growth rate of 108.3% It could be the beginning of a truly immersive virtual experience.

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A Work in Progress: Virtual Reality

VRScout

On March 25th, 2014, many people were left scratching their heads: why did Facebook spend 2 billion dollars to acquire a Kickstarter funded virtual reality company called Oculus. So, let’s look at the facts, the numbers and the data. The Dangers of Your VR Headset: Data Visualization. Since then, we have seen a movement.