Press Room
36% of Software Investees Received Funds for VR Investments in 1H 2015: MIC
December 11, 2015

The Oculus acquisition by Facebook for US$2 billion in 2014 has triggered an investment spree for VR (virtual reality). According to MIC (Market Intelligence & Consulting Institute), an ICT research institute based in Taiwan, of the total investment value of US$800 million last year, Google-backed Magic Leap alone obtained US$540 million while the remaining went to some hardware manufacturers. In the first half of 2015, the VR investment amounts totaled US$200 million, only one-fourth of that last year, but the number of investees already exceeded 25.

Changes in Total Value of Venture Capital Investments for VR, 2014 – 1H 2015

MIC, November 2015

Looking closely at VR capital investment options in the first half of 2015, MIC revealed two major findings. First, VR hardware investment has been shifting from content consumption devices such as HMD and controller to content production devices such as videorecorders for taking VR photos and images. Second, the number of software investees and invested amounts both increased. This reflects that investors have acknowledged VR would be a key factor for them to get a more curved growth pattern.

What is noteworthy is that investors tend to underscore the values of platform development that embodies VR interactive fields and VR apps stores, instead of jumping straight into VR content production.

To see more about this report, please visit: Development Trends and Future Opportunities of Virtual Reality and Its Applications

MIC is proud to announce that we will have a booth at CES 2016. Come and visit us at booth #83121 to learn about all of our product and services offerings!

We are giving away 10 Free Passes to CES 2016 from now till Dec. 31. Contact us for details!

For future receipt of press releases, or more information about MIC research findings, please contact MIC Public Relations.

About MIC

Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry.