LBVRE to Reach $1.2B, but New Players Face Major Hurdles

Stevi RexCompany, Press Releases

Challenges of offering virtual reality in location-based entertainment venues include technology, content and business models risk, according to Greenlight Insights’ new LBVRE Market Report. SAN FRANCISCO (July 17, 2017) —Greenlight Insights anticipates that the Location-Based Virtual Reality Entertainment (LBVRE) sector will reach $1.2 billion by 2021. This is according to new research in which Analyst Colin McMahon analyzed the future … Read More

VRS 2017 Welcomes Nanci Karas as Conference Director

Greenlight InsightsCompany, Events

We are pleased to announce that Nanci Karas is joining Greenlight Insights as Director of Events. Nanci will be based in New York, and brings two decades of experience producing top industry events for senior executives in the digital media, advertising technology, and marketing arena. “We are excited to have Nanci lead the 2017 Virtual Reality Strategy Conference. VRS has … Read More

GoPro Adjusts Approach on 360 Cameras with Fusion

Alexis MacklinAnalysis, Virtual Reality

gopro fusion

GoPro has released Fusion, its newest 360-degree camera, to a select group of influencers. The new dual lens camera is a new venture for GoPro, straying away from the 360-degree camera arrays the company released last year. The once dominating action camera company has struggled over the past year, with a $400 million drop in revenue from 2015 to 2016. … Read More

Why Nokia and Xiaomi’s Recent Patent Deal is Important for Mobile VR

Alexis MacklinAnalysis, Virtual Reality

Nokia announced the company has entered a patent licensing and purchase deal with Xiaomi. The patent and partnership deal will cover diverse topics from cellular, network equipment, IoT, VR, AR and AI. The amount of the deal has not been disclosed. Last year, Xiaomi purchased over 1,500 Microsoft patents to further push Xiaomi phones into the U.S. market. The deal brought pre-installations … Read More