Why Epic Games and HTC Vive Made a Joint Investment of $3.5 Million?
Recently, a joint funding announcement of HTC VIVE and Epic Games has caught the attention of video game establishments across the world. The announced funding amount constitutes $3.5 million which is rolled out to help Wevr, a leading VR game development and production studio in Los Angeles.
This joint investment intends to empower the VR studio to expand its Virtual Studio technology and boost its real-time 3D production capacities. This investment also reflects the commitment of HTC Vive to foster a responsible and healthy XR environment which is also a core objective of every VR game development company like Wevr.
When speaking on this joint funding, the CEO of HTC Corp, Cher Wang, said:
Wevr is an incredibly creative company with a command of XR technology. They are the ones to beat in this space. We share the founders’ mission and passion for creating high-quality spatial content and bringing immersive experiences to the next level on premium XR systems.
This funding investment has once again raised the question:
Why Should You Use VR in Game Development?
Displaying an impressive global market value of $16.86 billion, VR games are evolving as a profitable investment option for entrepreneurs in the USA, Canada, the UK, and other countries of the world.
Hence, to stand out in this demanding game segment, seeking assistance from a top-rated VR game development company is essential. It will allow you to reap dividends such as:
1. Captivate a Vast User Segment
In the US alone, the population of VR users is around 65.9 million. Whereas, globally, the population of VR users is 171 million.
This presents a massive opportunity for you as an entrepreneur to attract and nurture this huge population with the launch of a top-quality VR game platform.
2. Introduce Unique Concepts
The emergence of Virtual Reality is encouraging enterprises with the help of a professional VR game development company to introduce more engaging storylines, cutting-edge gameplay features, captivating visuals, competitive levels, interactive characters, etc. to provide a realistic and jaw-dropping experience of gaming throughout the year.
3. Better 3D Visualization
In VR game development, enterprises often have the scope to visualize the outcome of their game ideas in a realistic audio-visual presentation. This is assisting them to introduce the essential modifications in the game story, user journey map, etc. at the early stage to bring out a flawless game platform.
4. Real-time Collaboration
When developing a VR game development, establishments also harness the power of this 3D technology to ensure real-time collaboration among developers, designers, and other professionals on a real-time basis from anywhere. This eventually helps in the smooth completion of the game project work within the scheduled time.
5. Immersive Marketing
Besides enhancing the quality of game development services, Virtual Reality also allows entrepreneurs to launch an immersive marketing campaign across all digital and social media platforms. Using the power of this simulated 3D technology, they bring out realistic trailers that viewers can enjoy wearing a VR headset.
How Should You Choose a Reliable VR Game Development Company?
1. Industry Exposure
When looking for a credible VR game development studio, you must find out how long it has been operating in the video game industry. As VR game development requires immense experience, it is wise to connect with a game company that comes with a decade-old industry experience.
2. Technological Proficiency
When communicating with a VR gaming firm, make sure that it is capable of using cutting-edge development tools like Unity, Unreal, etc. to bring out highly engaging VR games based on your imagination.
3. Hiring Model
When seeking result-driven VR game development services from a gaming agency, you also need to see that it comes with flexible recruitment options like fixed-cost projects or dedicated hiring. This will help you to fulfill your distinct project requirements smoothly.
4. Active Support
Currently, there are numerous VR gaming companies in the USA. It is always better to establish contact with the game establishment that always provides emergency support and assistance to their customers flawlessly.
Wrapping Up
Whether developing a casino game, action game, or racing game, adding Virtual Reality often allows your team to introduce a larger-than-life experience in every gaming scene. This subsequently helps in raising the aesthetics and visual appeal of your game to a several extent. However, to use this VR technology properly, you must hire game developers from a leading US-based game development company.
