Victory Square Technologies has announced that it it working with the Virtual Reality and Augmented Reality Association (VRARA) to host the 2018 VR/AR Global Summit, which will take place at the Parq Vancouver from 21st-22nd September, 2018.
The Global Summit is set to feature keynote speakers, collaborative forums, workshops, creative hubs, demonstrations, exhibits and breakout meetings along with a variety of VIP events.
According to data published by research firm MarketsandMarkets, the market for augmented reality (AR) was valued at $4.21 Billion (USD) in 2017 and is expected to reach $60.66 Billion by 2023. Meanwhile, the virtual reality (VR) market was valued at $5.12 Billion in 2017, expecting to reach $30.08 Billion by 2023. The Global Summit aims to help drive the development of these markets.
“Having the support from Victory Square Technologies as a Presenting Sponsor of the VR/AR Global Summit is truly an honour,” said Nathan Pettyjohn, President of the VR/AR Association. “Victory Square is helping to bring together a global community of some of the brightest minds in the VR and AR industry, as well as some of the leading brands utilizing VR and AR technologies. We’re excited to have them on board in a leadership position with our Global Summit.”
“The VR/AR Global Summit is an impressive forum in which we can and will bolster our deepening pool of high tech incubation prospects while extending our reach and influence in the network of elite industry giants,” said Victory Square CEO Shafin Diamond Tejani. “Our immersive technologies and gaming division has already generated over 300% year-over-year growth in revenues derived from building customized games, AR/VR and immersive experiences for large global brands such as Chrysler, Intel, SONY, Paramount and TED. The VR/AR Global Summit is simply another stepping stone in building our presence and engagement at the highest levels of our industry.”