According to Zion Market Research, the value of the virtual reality (VR) gaming market is expected to reach almost $90.7 billion by 2026. And it’s no surprise given the increasing competitiveness among key players like Nintendo, Sony, and Microsoft.
The unique gaming applications of immersive technology, the ability to transform the user experience, and appealing virtual objects have triggered the growth of VR-compatible consoles and games.
Leading the charge are the following eight top VR companies:
1 – Owlchemy Labs
Owlchemy Labs is the mastermind behind hit VR titles like ‘Virtual Rick-ality’ and ‘Vacation Simulator’. The creative studio was born from a passion for creative and sophisticated virtual reality games and experiences.
Founded in 2010, the Austin-based company broadens the horizons of VR gaming by encouraging interaction and the use of hands. The 23 employees in the company focus on developing incredible experiences full of style and their signature brand of humor.
The success of the company’s desktop-based VR games has earned them $4.8 million in revenue. Owlchemy Labs has even managed to attract a total of $5 million in funding.
2 – Luden.io
This company first began as a research-and-development wing for Nival, the Russian video game developer. But Luden.io has slowly emerged as an independent game developer focused on VR-powered cognitive learning and educational titles.
With over 4.5 million players installing the company’s titles on their devices, Luden.io has created some great VR titles like Rewire, InMind VR 2, and InCell VR.
Founded in 2015, Luden.io has made their games available on Steam for different platforms like Oculus Rift, Samsung Gear VR, and Google Daydream devices.
3 – OZWE
OZWE is known for creating interactive experiences using VR technology. The company has slowly built up a reputation for creating disruptive gaming interfaces that lay the foundations of new interactive patterns and systems within the VR space.
OZWE is a key player in the thriving VR technology business, and aims to cater to the demands of consumers. Research in the company focuses on the invention of a next-level VR gaming experience.
The company has been instrumental in changing the way gamers interact – both emotionally and physically – with evolving and lively virtual universes. Some notable games from the company include Death Lap and Anshar Wars 2.
4 – Ubisoft
Every self-respecting gamer is familiar with the Ubisoft brand name. The $4 billion French gaming company has developed beloved franchises like Far Cry, Just Dance, Prince of Persia, and Assassin’s Creed.
The company, known for its love of experimentation with new gaming platforms, launched its first VR title, Eagle Flight, in 2016. Since then Ubisoft has collected data on user experiences and has tweaked its approach to VR, ensuring that the games are not uncomfortable for players.
The company launched Star Trek: Bridge Crew, a VR recreation of the classic sci-fi TV show, for Oculus Rift, PSVR, and Vive platforms. Right now, Ubisoft is building a 50 person team for a soon-to-be-announced VR project, and given the company’s track record, the experience will be worth the wait!
5 – Force Field
Force Field is an independent game development studio that was founded way back in 2015 as Vanguard Games. The company produces advanced content for various virtual reality headsets, such as Oculus Rift, mobile VR, Playstation VR, and HTC Vive.
Force Field works closely with premier hardware manufacturers in the industry from the early stages to take full advantage of VR technology. Thanks to this approach, the company has successfully launched numerous VR projects, such as Landfall and TERM1NAL.
In 2017, the company expanded into the market for location-based/out-of-home VR entertainment. Several projects are currently in development and gamers await the news eagerly.
6 – Antler Interactive
This fast-growing VR gaming studio evolves according to the needs of the industry. The company creates games that introduce players to novel ways of interacting with VR technology, which has propelled them to the forefront of the gaming sector.
Antler Interactive focuses on developing games for players across the world. The dynamic team works closely and collaborates with the gaming community to explore fresh ideas and deliver user-friendly experiences.
The company aims to create games with striking art. The innovation and imagination that shapes the aesthetic of the company’s titles creates an immersive universe for players to explore. Notable titles include Krystopia: A Puzzle Journey and SVRVIVE: The Deus Helix!
7 – Survios
Survios is one of the more prominent VR gaming companies that encourages players to socialize with one another. Their titles like Raw Data and Creed: Rise to Glory invite gamers to play together.
The company also hosts an After Dark night every week where young professionals intimated by VR technology are introduced to its inner workings. Survios wholly supports the notion of VR arcades, which allows casual gamers to experience VR games firsthand before burning a hole in their pockets.
8 – CRYTEK
CRYTEK is a gaming studio that began in 1999. The company focused on technological innovation and has always been a pioneer when it comes to graphics. The creator of numerous award-winning games like Warface and Ryse, the company dipped its toes into the VR realm with titles like The Climb and Robinson: The Journey in 2016.
All CRYTEK titles are powered by the CRYENGINE, a full-fledged game development tool that helps VR developers bring their creative vision to life. The system delivers high-end gaming experiences for consoles, PC, and VR irrespective of team size and budget.
Wrapping Up
The introduction of VR in the gaming industry has been nothing short of a revolution! Innovative technology is changing the way we play and interact with games. With exciting new titles already available to gamers and new ones on the way, the future looks bright for VR gaming.
