The Russian VR market has tripled over the past year

In 2016, the number of Russian virtual and augmented reality companies increased from 60 to 183. The number of investments in this industry has increased from 200 to 500 million rubles.

Two-thirds of VR business representatives (105 companies) are located in Moscow, 25 in St. Petersburg, and the remaining fifty are distributed to other cities of Russia.

In addition to the gaming industry, virtual reality projects have been implemented by such companies as Gazprom, Rosatom and Sberbank. The potential of VR technology was also appreciated in the field of culture. For example, the Pushkin State Museum of Fine Arts in Moscow has launched virtual tours of 24 halls.

In the middle of last year, Sistema Foundation announced its intention to invest $500 million in Russian projects for the development of augmented and virtual reality technologies.

Source: Kommersant