MARCH 20184Digital technology is quickly evolving and is enabling businesses to endlessly reinvent themselves. Heads-up displays with early forms of artificial intelligence (AI) have compelled organizations to experiment with tools that tap into the possibilities of augmented reality (AR). Globally, the revenue for AR and VR technologies is expected to touch US$5.2 billion in 2016 and continue to growby over 100 percent annually forthe next 4 to 5 years. With eminent companies such as Google, Facebook, Microsoft and Samsung staking their fortune on virtual reality market, there is now more than enough room for start-ups to make an impact. The global investments in AR/VR have been overwhelming with the data from tech advisor Digi-Capital showing that investments in VR touched $1.1 billion in the first two months of this year, far exceeding the $700 million invested during 2015. However, going by the data from research platform Tracxn, only nine of the 74 Indian startups in AR/VR have received funding.Despite the slow adoption of augmented and virtual-reality technologies, the industry is booming and is evident with the startups that are adorning the list. In our current edition, we bring to you a list of "10 Best Startups in AR VR". The list encompasses some of the innovative startups in the AR VR space that offers multiple levels of functionality across sectors fuelled by demand from business and consumer sectors. We also recommend you to read our cover story on Vicara, a Human Augmentation startupworking towards creating disruptive wearable interaction device that can enhance and augment the capability of humans.Nandini MukherjeeManaging EditorStartups are Ruling the Indian AR VR Ecosystem EDITOR'S NOTEsiliconindia Vol 3 · Issue 9 - 2 · March 08, 2018 Publisher Alok Chaturvedi Managing Editor Nandini Mukherjee Editorial Team Amit Raja Naik Lakshmi G Pooja Devi Shefali Mathur Tashi Sangmo Prisila Deepshikha Singh Sales & Marketing Suresh Kumar Garima Anand Editorial Queries To subscribe Visit Cover price is ` 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2018 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran PerumalVisualisers Mohana Krishnan SivaSankarSr. Manager Sales & Marketing Amrit Singh DECEMBER 201711How is Digital Transformation is Changing the Landscape of Businesses in India
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