The New Zealand virtual reality and augmented reality (VRAR) industry sector is forecasting revenues of more than $320 million in two years.
This is the key finding of a report commissioned by the New Zealand Virtual Reality and Augmented Reality Association (NZVRARA), which is a part of the New Zealand Tech Alliance.
The report says more than 1100 full time equivalent staff are currently employed in the sector in New Zealand and is conservatively estimated to double in two years.
“We have researchers operating at the peak of the industry such as Victoria University and Christchurch’s HIT Lab NZ.
See the full story here: https://www.cio.co.nz/article/628824/nz-virtual-reality-augmented-reality-sector-gains-foothold/