Augmented and Virtual Reality Market to Reach $1.06 Billion USD by 2018; EON Reality Highlighted as a Market Leader in Report

In a new report released by MarketsandMarkets, the Augmented and Virtual Reality market is expected to reach $1.06 billion by 2018. Rapid growth in the Augmented Reality is a large factor in the growth of the overall AR/VR market. By 2018, the Augmented Reality market is expected to reach $659.98 million and the Virtual Reality market is estimated to total $407.51 million. EON Reality is identified as a key market player and is one of the 22 VR/AR companies profiled in the report.

“Major key players in the augmented reality and virtual reality market are Total Immersion (U.S.), Qualcomm Inc. (U.S.), Metaio GmbH (Germany), Oculus VR, Inc. (U.S.), Vuzix Corporation (U.S.), and EON Reality, Inc. (U.S.),” stated MarketandMarkets.

Their reports state that by 2015 Augmented Reality will be widely used in education for “advanced learning and for teaching technologies.” The rapid growth of the Virtual and Augmented Reality market, according to MarketsandMarkets, is based in large part on computer hardware advances and improvements in internet connectivity. Key growth areas are Healthcare applications, consumer m-commerce, and markerless Augmented Reality.

EON Innovation Program Launched at the Co-Foundry in Singapore

EON Reality launched the EON Innovation Program at The Co-Foundry in Singapore to a group of interested entrepreneurs. Dan Lejerskar, Chairman of EON Reality, presented the Innovation Program and explained the 12-month incubation process for Virtual and Augmented Reality start ups.

Along with Mr. Lejerskar, key mentors Michael Yap, Chairman of EON Reality’s International Advisory Board, and Sridhar Sunkad, Managing Director of EON Reality Singapore, presented details of the Innovation Program and Michael Yap’s “Shakeout Methodology” to the assembled group.

For more information on the EON Innovation program please visit the program’s webpage and the press release.

Dan Lejerskar at the Co-Foundry

Dan Lejerskar explaining the 12-month
EON Innovation Program

Launch of the EON Innovation Program

The audience at the Co-Foundry

Less than 30 days to Laval Virtual; EON Reality a key exhibitor along with Microsoft, MIT, and metaio

There are less than thirty days until the 16th edition of Laval Virtual on April 9-11th 2014 in Laval, France. EON Reality SARL will be a key exhibitor at Laval Virtual and will demonstrate EON Reality’s technology and solutions.

In addition to EON Reality, Laval Virtual will also feature groups such as metaio, Microsoft, Forum 8, Barco, Dassault Systems, MIT, and more.

Come visit EON Reality at our booth: A28-A33. If you’d like to visit us at Laval Virtual please register HERE for a show pass.

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EON Reality Joins the International Association of Amusement Parks and Attractions

EON Reality has joined the International Association of Amusement Parks and Attractions (IAAPA). The IAAPA, founded in 1918, is the largest international trade association for permanently situated amusement facilities and has members in 97 countries worldwide. Joining the IAAPA will help EON Reality respond to growing interest in EON’s immersive technologies as an entertainment platform.

EON Icube Mobile – a Huge Success at Integrated Systems Europe (ISE) 2014

The EON Icube Mobile was one of the key features of Panasonic’s booth at the Integrated Systems Europe trade show in Amsterdam, the Netherlands, from February 4th to the 6th. The 4-wall EON Icube Mobile at ISE featured Panasonic’s PT-DZ870 projector  (8,500 lumens, WUXGA) with an ultra-short throw lens (ET-DLE030) creating bright and beautiful images.

EON Reality’s Icube Mobile was the Highlight of the International Petroleum Technology Conference in Doha, Qatar

The EON Icube Mobile was a big hit at the 2014 International Petroleum Technology Conference (Jan. 19-22nd) in Doha, Qatar. Both the Prime Minister and Energy Minister of Qatar started the show in the Qatar Petroleum booth experiencing EON Reality’s Icube Mobile. Over the course of the four day event, hundreds of people experienced EON Reality’s industry leading immersive Virtual Reality technology.

EON Reality Showcases at the The Skills Show 2013 Press Launch

Happy #ThrowbackThursday! Our #TBT for today is actually back to yesterday, when Dave Ambler, a Sr. Artist/Developer from our EON Reality UK office, and Sean Kearney of the WorldSkills Foundation, presented at the official press launch for  The Skills Show 2013 in London. 

Brendan Reilly of EON Sports VR to present at 1 Million Cups

Calling all sports enthusiasts in the Kansas City area! We’re excited to announce that Brendan Reilly, CEO of EON Sports VR, will be sharing his own story at 1 Million Cups (1MC) on Wednesday, October 2 at the Kauffman Foundation in Kansas City, MO.

Congratulations to our #IWantEONCreator Contest Winners!

And the winners are...

And the winners are…

Introducing the EON Ibench

EON Ibench

Since the release of our EON Ibench Mobile solution we’ve been approached by quite a few companies requesting a similar solution for much larger spaces that can support heavier system requirements. Well, we’re happy to announce the release of the EON Ibench, a full-body standalone display solution that allows you to experience all the benefits of our smaller, mobile solution but for larger scale projects.