10 Most Promising AR/VR Tech Service Providers - 2020

10 Most Promising AR/VR Tech Service Providers - 2020

Gartner has predicted that by the end of 2022, at least 70 percent of the Enterprises shall be experimenting with immersive technologies. Virtual Reality (VR) technology and Augmented Reality (AR) technology provides the user with a virtual environment with computer generated software. It provides a fully immersive environment in which the user can interact with objects similar to those in the real world.

Despite the Covid-19 Pandemic causing widespread havoc across all industrial sectors, the AR &VR service segment is all set to boom. In this post-pandemic era, staying indoors has become the norm, and AR & VR services are proving to be the much-needed ally to get things done from the comfort of one’s home. Furthermore, reports published by BRP suggests that 48% of consumers are more likely to buy from the retailer, which offers AR experiences. The report further states that 32% of retailers plan to deploy AR or VR in the coming three years, whereas 15% have already deployed such immersive technologies.

Augmented Reality & Virtual Reality Market for the retail industry alone is expected to reach USD 2,094.08 billion by 2027, witnessing an unprecedented market growth rate of 68.5% in the forecast period between 2020 to 2027. Big brands such as Sony, Samsung, Google, Facebook, IKEA, and Amazon have already moved on into the AR VR services and are making great strides forward in terms of customer engagement.

In India, the increasing preference towards advanced devices in medical training, patient care management, and education coupled with the rising usages in online shopping, retail, and e-commerce segments, are some of the major driving factors behind the growth of the AR & VR services market.

Realizing the need of the hour, after scrutinizing the market, CIOReviewIndia’s distinguished panel consisting of CEOs, CIOs, VCs, analysts, and the editorial team present to the readers a list of the '10 Most Promising AR/VR Tech Service Providers - 2020'. We believe the enlisted companies are equipped with the best immersive technology services to assist the businesses in this digital transformation era.

We present to you CIOTechOutlook 10 Most Promising AR/VR Tech Service Providers - 2020.

Top AR/VR Tech Service Providers

Company Name Company Description
AliveNow A sell-side platform with smart Ad presupposing Mixed Reality to clench shoppers.
Credencys Solutions Offers augmented reality app development services for both iOS and Android platform, and provides tools and platform to build high performing applications.
Cygnet Infotech Creates Virtual Reality experiences by combining technology, art and storytelling that includes content creation, rendering processes, network transmission as well as cloud technology.
Enso Immersive Enables businesses and brands to experience, understand and utilize the most advanced & sought-after technologies in the world.
Joego Studio Provides customized VR development services for a range of applications in the entertainment, healthcare, real estate, education, technology and military sectors.
Liminal Offers end-to-end experiential marketing solutions using Virtual Reality and Augmented Reality.
QuarkExp Provides end -to-end VR solutions, UI/UX, virtual site visit tool, industrial VR design tool and 360 degree content.
Robert Bosch Engineering & Business Solutions Provides AR powered training tool, AR/VR powered service solutions and engineering design solution.
VirtiLens Fast growing gaming, VR and AR Company, that is currently enageged in the construction industry, delivering VR applications in construction design and development, marketing new projects and...
Yeppar Smart Solutions All-time computer simulated reality service provider that had displayed his potential in providing services of AR, VR, and MR.