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
Nov 1, 2016 YANMAR America Corporation will create 25 new jobs in Cherokee County, invest $20M
ATLANTA—November 1, 2016 —The Georgia Department of Economic Development (GDEcD) today announced that YANMAR America Corporation, a manufacturer of advanced performance diesel engines, equipment and...
Oct 19, 2016 Daniel Defense to create 75 new jobs in Bryan Co.
ATLANTA—October 19, 2016 –Gov. Nathan Deal today announced that Daniel Defense, a manufacturer of firearms and accessories, will create 75 new jobs and invest $29.5...
Oct 17, 2016 Hi-Rez Studios to expand Alpharetta headquarters, create 75 jobs
ATLANTA, October 17, 2016 – The Georgia Department of Economic Development (GDEcD) today announced that Hi-Rez Studios, Georgia's largest developer of online games, will expand...
Oct 6, 2016 Wayfair to create more than 150 jobs in Henry County
ATLANTA, October 6, 2016–The Georgia Department of Economic Development (GDEcD) today announced that Wayfair, one of the world's largest e-commerce destinations for home furnishings and...
Sep 30, 2016 Area Development: Georgia Top State for Business for 3rd Year in a Row
ATLANTA, September 12, 2016 –Gov. Nathan Deal today announced that Georgia has been named the No. 1 state in the nation in which to do...
Sep 29, 2016 Tory Burch to create more than 150 jobs in Henry County
ATLANTA—September 29, 2016 –Gov. Nathan Deal today announced that Tory Burch LLC, a leading American lifestyle brand, will create more than 150 jobs and invest...
Sep 26, 2016 Georgia Tourism Launches New Social Media Campaign #ExploreGeorgiaPup
ATLANTA, Sept. 26, 2016 – Georgia Tourism, a division of the Georgia Department of Economic Development, announced today the launch of its new social media...
Sep 21, 2016 Ritz Instrument Transformers to expand in Hart County, will create 50 New Jobs
ATLANTA—September 21, 2016 –The Georgia Department of Economic Development (GDEcD) today announced Ritz Instrument Transformers will expand their current operations in Hart County, investing $8...
Sep 20, 2016 Global Commerce generates $4.4B in investments
ATLANTA, September 15, 2016 –Gov. Nathan Deal today announced that the Global Commerce Division of the Georgia Department of Economic Development (GDEcD) helped create a...
Sep 14, 2016 Economic impact of Georgia's tourism industry hits record $58.9 billion
ATLANTA, September 14, 2016 –Gov. Nathan Deal today announced that Georgia's tourism industry generated a record $58.9 billion economic impact in the last year at...