Virtual Reality/Augmented Reality
Virtual reality (VR), along with its counterpart augmented reality (AR), is projected to be an $80-billion-dollar industry by 2025, according to global investment firm Goldman Sachs.
Georgia is on the forefront of this new wave of technology due in part to the state's thriving film and television production ecosystem and deep technology talent base.
Last year, there were 248 entertainment productions in the state, and the number of gaming companies rose to more than 70 in metro Atlanta alone.
Georgia's production tax incentive, which also extends to digital entertainment, has brought big projects and put the state on the world stage as no. 5 in film production globally.
Atlanta also lands among the top 10 cities in the U.S. for technology startup activity and venture capital funding further fueled by talent from neighboring internationally renowned institutions such as the Georgia Institute of Technology, Savannah College of Art and Design (SCAD) and others.
Georgia boasts leading thinkers in VR and AR research, game design and production. Demand from the state's 30 Fortune 1000 companies fuels virtual reality innovation for commercial use.
From the cutting-edge research conducted at Emory University leveraging VR to treat PTSD and Georgia Tech's dedicated Augmented Realities lab, to TRICK 3D's commercial projects for corporate clients such as Delta Air Lines and Georgia Power, VR innovations and applications are taking off in Georgia.
Press Releases
Jul 21, 2014 Newell Rubbermaid to Build Atlanta Headquarters
ATLANTA, Oct. 16 /PRNewswire-FirstCall/ -- Newell Rubbermaid Inc. announces it has signed an agreement with developers Greenstone Properties, in partnership with Pope & Land and...
Jul 21, 2014 Scotland-based Company to Locate First U.S. Headquarters in Atlanta
ATLANTA, October 12, 2006 - Governor Sonny Perdue announced today that Redeem plc of Scotland has selected Atlanta for its new U.S. headquarters. The company...
Jul 21, 2014 Music is a Global, Billion-Dollar Industry for Metro Atlanta and the State of Georgia
ATLANTA, Oct.12, 2006 – Atlanta has been chosen to host the first BET Hip-Hop Awards on Nov. 12 at the Fox Theatre, further evidence of...
Jul 21, 2014 Entrepreneur Friendly designation to boost small businesses in Troup County
ATLANTA, September 28, 2006 - Troup County has joined the fast-growing ranks of the state's 'Entrepreneur Friendly' communities, an official designation that means a community...
Jul 21, 2014 Atlanta Higher Ed Adds Spending, Jobs, Talent to Georgia and Atlanta Economies
ATLANTA – SEPT. 27, 2006 – Colleges and universities in the Atlanta region contribute $10.8 billion and 130,000 jobs to the state's economy annually, according...
Jul 21, 2014 Georgias Tourism Professionals Honored for Leadership and Dedication
ATLANTA, September 21, 2006 – More than 300 members of Georgia's tourism industry descended on Columbus, GA last week for the 2007 Governor's Conference on...
Jul 21, 2014 Governor Perdue Stresses Importance of Economic Development and Education
SAVANNAH, Ga., September 21, 2006 – In a speech to the Georgia Economic Developers Association today at the Savannah Riverfront Marriot, Governor Sonny Perdue discussed...
Jul 21, 2014 Governor Perdue Unveils Historic Music Trail Tourism Website
COLUMBUS, September 15, 2006 – Governor Sonny Perdue today unveiled a website that will provide information encouraging tourists to visit historical music venues across Georgia...
Jul 21, 2014 Southwest Georgia counties are the states newest designated Entrepreneur Friendly communities
ATLANTA, Sept. 12, 2006 - Southwest Georgia's Calhoun and Schley counties have joined the state's ranks of 'Entrepreneur Friendly' communities, an official designation indicating a...
Jul 21, 2014 Commissioner Lesser To Visit Europe on Business Mission
ATLANTA, September 5, 2006 - Georgia Department of Economic Development Commissioner Craig Lesser departs Atlanta today for a week-long visit to Europe, with the goal...