Skip to main content
Search
VEC - Vancouver Economic Commission
  • Vancouver’s Economy
    • Vancouver’s Economy »
    • Economic SnapshotKey metrics and indicators
    • Key IndustriesEstablished and emerging sectors
    • Competitive AdvantagesWhat makes Vancouver unique?
    • Economic ReconciliationA city of reconciliation
    • Living in VancouverWhy choose Vancouver?
    • Working in VancouverTransform your career
  • Programs
    • All Programs »
    • Economic Transformation LabA research think-tank
    • Angels for Climate SolutionsStartup and investor training program
    • Project GreenlightTechnology pilot program
    • Zero Emission TransitionEconomic action plan
    • Circular Economy NetworkSeries of six free events
    • Circular Reverse Pitch 2.0Circular solutions event
  • Research
    • All Research »
    • Vancouver Economy ReportSpring 2023
    • Beyond GDPA new framework for Vancouver
    • Carbon Markets in BCA guide to carbon markets
    • The Just TransitionOverview & best practices
    • A Just Circular Economy of FoodA “Right to Food” Framework
    • Cross-Border Investment GuideHow to invest in Vancouver
  • How Can We Help?
    • How Can We Help? »
    • Request DataEconomic and sector metrics
    • Relocate your businessWhere to start
    • Funding and InvestmentOpportunities in Vancouver
  • About Us
    • About Us »
    • Our Purpose
    • Meet the Team
    • Board of Directors
    • Advisory Board
    • Careers
    • Communication Preferences
  • Media
  • Events
  • Blog

Reality Check: Vancouver and BC’s VR/AR Ecosystem

Virtual & Augmented Reality Ecosystem Research

Reality Check: Vancouver and BC’s VR/AR Ecosystem

Industry mapping and recommendations for the virtual and augmented reality sector

Today, at more than 200 companies strong, Vancouver and BC’s virtual and augmented reality (VR/AR) industry delivers solutions and services aiding in education, healthcare, manufacturing, real estate and enterprise as well as entertainment.

 
With the global VR/AR industry’s GDP output projected to grow from $46.4 billion to $1.5 trillion by 2030, VR/AR promises lucrative economic and societal benefits. However, to achieve these potential benefits, the industry must receive better support and infrastructure appropriate for attracting and fostering talent, prioritizing collaboration, and paving the way for international expansion.

The Vancouver Economic Commission (VEC) and VIFF Immersed partnered with the Vancouver VR/AR Association to deepen our region’s understanding of this exciting and rapidly emerging sector, with a view to informing key audiences, such as government policymakers, funders, and the VR/AR community itself.

In this report

  • A detailed understanding of the state of the VR/AR ecosystem in Vancouver and BC
  • VR/AR use cases, business profiles, and opportunities
  • Challenges and issues that affect the Vancouver and BC VR/AR industry
  • Key policy recommendations and suggestions for overcoming hurdles to unlocking and realizing Vancouver and BC’s full potential
  • …and more

 
View the Report

Method

This study was undertaken to gain a detailed understanding of the state of the VR/AR ecosystem in Vancouver and BC — in terms of jobs, revenue, talent, and investment — and to identify common gaps hindering the industry’s performance.

A survey of companies, a series of in-depth interviews with stakeholders, and secondary research was carried out to explore the state of the VR/AR ecosystem in this province, and to provide relevant information as a basis for formulating recommendations and providing appropriate support for this exciting industry with dramatic potential for growth and societal good.

Our Partners

We gratefully acknowledge the support of the following sponsors and partners who have been instrumental in the development and publication of this report.
 

Sponsors

With Funding From

Related Content

See Our Resources
  • Research | Green Economy, Entrepreneurship & Industry Support

    The Contech Ecosystem in Metro Vancouver

  • Research | Green Economy, High Impact Investment, Capital

    Green Buildings Market Research

  • Research | Entrepreneurship & Industry Support

    Industrial Insights Research

  • Twitter
  • LinkedIn
  • Facebook
  • Instagram
  • YouTube

General Contact

  • Phone: +1 604-632-9668
  • Toll Free: +1-866-632-9668
  • Email us
  • 500-555 W 8th Avenue
    Vancouver, British Columbia
    V5Z 1C6
Events
  • Angels for Climate Solutions Pitch Night Finale
  • Angels for Climate Solutions Top 15 Pitch Night (2023)
  • Future-proofing Vancouver: Food Security beyond Food Surplus

View all events

Sign up for VEC’s newsletter!

We respect your privacy. Your email will never be shared.

VEC respectfully acknowledges that it is located on the unceded ancestral territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səl̓ilwətaɁɬ / sel̓íl̓witulh (Tsleil-Waututh) Nations.

© 2023 Vancouver Economic Commission


  • Communication Preferences
  • Terms of Use
  • Privacy Policy
Vancouver Economic Commission