20 Best Virtual Reality Companies in the World
Metaverse – a term your ears are tired of hearing, right? But this is just the start – Gartner predicts that 25% of people will spend at least one hour per day in the Metaverse for shopping, education, work or leisurely activities! Metaverse is a collective virtual space – where virtually enhanced digital realities are creating a storm. And if you believe that one single vendor will own the metaverse like a company, you’re wrong. It is going to be the strongest virtual economies in the world!
Though building this virtual economy is no joke, its impact is not yet understood on different facets of life and humans.
Amongst the technological bets in metaverse, there are a few chosen key players who are exploring the potential of metaverse in unprecedented ways.
Are you are a person who likes to know the success stories of famous virtual reality companies and be inspired? Read this blog to know about the top virtual reality companies making their mark!
Best Virtual Reality Companies:
1. Groove Jones
Groove Jones was founded in 2015 and is increasing the competition of VR companies by creating award winning AI, AR and VR experiences.
They are known for their work in AI, AR, VR, ML, WebGL & Web 3.0 development. Their hold in these technologies gives them an upper hand in advertising, marketing, experiential activations, sales enablement & enterprise training!
They have set their foothold amongst the VR reality companies by building GrooveTech™. This group of technologies is used as a base for many of their productions.
Groove Jones is also known as one of the world’s oldest and most recognized XR studios. They have won over 200 industry awards, multiple ADDYs, Event Marketer’s EX Awards, Shorty’s, Obies and Clios for their work.
2. WTSVerse
WTSVerse is a metaverse and a legend among VR development companies that is passionate about creating seamless and enjoyable experiences in the digital realm. The company started its journey with a vision to transform unique visions into vibrant digital realities, shaping the future of interconnected virtual environments.
WTSVerse specializes in providing expert metaverse development services, including virtual reality, augmented reality, 3D modeling, and asset creation.
WTSVerse has received positive feedback from clients for their creativity, collaboration, and ability to deliver projects on time even with complex requirements. Their expertise in integrating the metaverse with existing products on a large scale showcases their commitment to excellence and passion for creating cutting-edge digital experiences.
They have worked with a streak of great clients – who have themselves made a mark in the business industry amongst other VR development companies.
Ready to push the boundaries of VR? Contact WTSVerse today and bring your VR vision to life!
3. Lucidity Reality Labs
Lucidity reality labs is amongst those VR companies that enable private and public sector clients to explore and use Spatial computing tech opportunities. Whether it’s for their business, new business prototypes or transforming existing solutions – you can get it done.
This company provides a unique iXR™ platform that cojoins Extended Reality and AI. This makes the combination a masterpiece of exceptional visual fidelity and a controlled environment for client’s digital needs.
Innovating in VR, this company provides VR solutions with gamification elements. These elements can be used for training, education and collaboration scenarios. Users can explore, interact and build skills in a risk-free environment. It also builds AR apps that enhance the real world with digital overlays for disparate industries.
It is majorly known for Acolar VR collab and productivity application. It is subscription-based and facilitates deep collaboration and agile software development practices across multiple teams.
There is no doubt about their security unlike the bad VR development companies – as they adhere to ISO security certifications, GDPR compliance and HIPAA compliance. Robust data protection is what you get, whether you are from Healthcare, defense & aerospace, public/commercial sector or life-science industry.
4. Varwin
Varwin – the best one from all VR companies, has been leading the VR herd at the forefront of the VR industry since 2015. Across 24 countries, with 60+ experts and 3 Global offices – it has completed 70+ VR projects.
86% of their clients engage in multiple VR training projects with Varwin team.
The core vr companies’ services offered is a comprehensive VR platform by the VR company that creates immersive scenes with interactive elements and objects for education, training and simulations.
Their platform has an editor which enables users to design environments, conduct experiments and build scenarios quickly. The platform has ready-to-use objects and scene templates which cover diverse topics like astronomy, anatomy, metropolis and middle ages. What more could you need?
Varwin has several awards to its name:
- A finalist at the Auggie awards for “best developer tool” in the USA
- First place at HardTech Round competition & GoTech Arena Forum
- Top finalist at Greenlight Insights’ “xRS Week 2019” as “Innovative Tool”
Through their cutting-edge solutions and dedication to excellence, Varwin continues to drive advancements in VR technology for corporate clients globally.
5. InvoGames
InvoGames is a game development company that offers custom solutions for AR, VR, Mobile, and PC games. It started its journey in 2015 amongst prominent VR companies.
Since, 2015, InvoGames has excelled in game design and development processes. The company works with game designing for mobile, PC, and consoles. 2D/3D games, NFT game development, play-to-earn game development, AI game development, and machine learning game development using engines like Unity and Unreal Engine – are its forte.
They craft experiences that inspire, entertain, and connect players globally. If you are someone who loves leveraging VR companies to enhance gaming experiences – you should definitely apply for a job there!
6. Unity Technologies
Unity Technologies, the company behind the Unity game engine, started its journey in 2004.
Unity game engine – if you recognize this product, you will recognize Unity Technologies as a company immediately. It ventured in 2004 and is a leading platform for creating and growing real-time 3D content.
The engine supports developers through the entire development lifecycle. It allows them to build, run, and grow immersive, real-time 2D and 3D content for various platforms.
Unity offers a range of services for game development:
- 2D and 3D game creation solutions
- powerful tools for artists
- services for multiplayer networking
- backend development
- game operations
- game monetization
These tools aim to simplify technical work for creators and provide infrastructure to build richly immersive and scalable next-generation games
In terms of VR services, Unity enhances game development workflows. At the annual Unite developer conference in 2023, they launched Unity Muse, a suite of AI features to accelerate content creation. Unity Sentis is also a tool that enables AI model inferencing directly inside Unity-supported platforms.
7. Magic Leap
Magic Leap is a VR company that develops human computing interfaces as well as smart VR experiences. It specifically focuses on light field display technologies for virtual animations and virtual reality experiences.
Its flagship product is the Magic Leap One Creator Edition headset. It is a next-generation computing platform where users can experience both physical and digital worlds.
The company’s services include providing AR headsets and 3D visualization solutions for various industries, such as healthcare, retail, sports, and entertainment
You can get a world escapist experience that completely removes you from your real surroundings and immerses you in the digital world – with Magic Leap’s products.
In terms of VR services, Magic Leap is innovating by expanding its capabilities to include machine-generated data in its AR solutions. The company has partnered with
Kognitiv Spark to bring real-time machine-generated data to the forefront with RemoteSpark Software. This software is expanding to the Magic Leap 2 Platform.
This partnership aims to provide a comprehensive solution for field workers in all environments, offering dynamic data tailored for specific situations instead of prepacked information.
Don't Just See the Future, Experience It: VR Development with WTSVerse
8. Microsoft
Microsoft, a technology giant, was founded in 1975.
In the realm of VR services, Microsoft has partnered with various companies to advance national security missions by integrating AR / VR technologies.
Proof; Microsoft has collaborated with Lockheed Martin to enable the testing of military platforms and technologies for joint all-domain operations. This uses innovative capabilities like Flight Simulation as a Service and hosting war-gaming platforms on Azure.
Moreover, Microsoft has joined forces with Meta to deliver immersive experiences in VR through their collaboration on mesh for Teams. This partnership will bring Microsoft’s productive tools like Teams, Office, Windows, and Xbox Cloud Gaming to Meta’s Quest VR headsets. Imagine the enhanced collaboration and connectivity!
With their own offerings, they provide mixed reality solutions. Azure services and hardware like HoLoLens 2 & Azure Kinect DK are also part of their services. These tools help developers build cross-platform mixed reality apps with spatial awareness. Depth sensors, mobile device support, and HoloLens devices too can be supported.
By focusing on intelligent services – we can trust Microsoft for data protection and compliance.
9. Apple
Apple, a company started in 1976 – today features groundbreaking technology amongst virtual reality companies. It seamlessly blends digital content with physical space using revolutionary tech.
The apple vision pro headset works with tech like SwiftUI. RealityKit, and ARkit – along with support for unity and new 3D content prep app i.e. Reality composer pro. Developers can create amazing spatial experiences with these technologies.
Some of the specific miracles they worked with are:
- Spatial Computing
- EyeSight Technology
- Spatial Audio
- Spatial Interaction
- Spatial Photography and Videography
- Spatial Productivity
- Entertainment and Socializing
10. Meta
Metaverse offers VR services through its Meta Quest + Subscription service. It provides access to a variety of VR titles for a monthly or an annual fee. The god for all virtual reality companies, their service includes popular VR Gems, Games and back-catalog classics. With two new titles available for redemption – this offer is a hit!
Meta Quest+ is compatible with Quest 2, Quest Pro and the upcoming Quest 3. It offers a curated VR experience to enhance their gaming library and experience. Meta Quest+ started in June 2023, aiming to attract more users to the Meta ecosystem by providing an affordable and convenient way to access a curated selection of VR games. The subscription service is priced at $8 per month or $60 for a full year.
Additionally, Meta Quest+ offers a trial period until January 31, 2025. This allows users to experience the service before buying the subscription.
Innovative aspects of Meta’s VR services include the focus on delivering a mix of VR’s biggest hits, hidden gems, and classic titles.
11. Appelo Software
Appello Software is a leading custom VR company based in Sydney, Australia. The company has offices in four countries and a team of over 70 experts, ensuring they can cater to a wide range of industries and cultures.
The company was founded in 2016 and resides in Sydney, Australia.
Appello specializes in creating award-winning apps, web-apps, and software products for businesses across multiple industries.
Their services include mobile app development, UX/UI design, mobile marketing, and more.
Appello Software is known for its innovative approach amongst many other VR development companies. They offer AR and VR kit development, where businesses can create immersive experiences for their consumers.
Appello’s flexible and non-contractual agreements are an ideal solution for software development in Australia.
12. Parallax Labs LLP
Parallax Labs is one of those VR development companies that specializes in providing industry-level end-to-end VR, AR, and MR solutions.
The company has developed solutions for V-app, one of the largest smart communications and engagement platforms in the real estate industry. It has enhanced their marketing tools with augmented reality.
Parallax also focuses on research and development in virtual reality which is an ultimate commitment to innovation.
The company’s mission is to align human potential with evolving business needs. This majorly works for digital services companies like digital marketing agencies, software shops, and tech consultancies.
Parallax systems can help these businesses unlock better operations for smart, strategic growth by integrating with the tools they already use.
In terms of VR services, Parallax Labs has developed solutions for V-app, a platform that empowers real estate with advanced technology and intelligence.
By integrating augmented reality into V-app’s marketing tools, Parallax has made these tools smarter, more powerful, and more elegant.
13. Servreality
Servreality is a software development company that started in 2013 with its main office in Kyiv, Ukraine.
The company specializes in AR/VR, AI, and game development, with a team of over 100 experts with disparate levels and qualifications.
They have completed more than 100 AI projects, 100 AR/VR mobile apps, and 40 games, demonstrating their expertise in these specific areas.
The company is known for building custom solutions for their clients, using open-source options when necessary, depending on the project’s needs
Servreality is leveraging machine learning tech to create immersive player experiences. They successfully built a machine learning example, which pushes the boundaries of game development.
The company’s commitment to exploring new technologies and staying at the forefront of AR/VR, AI, and game development allows them to deliver solutions that exceed client expectations and bring their ideas to life.
14. HQSoftware
HQSoftware is a software development company that has been providing IT consulting and software development services since 2001. IoT, AI, AR and VR are its specific examples.
HQSoftware has a strong track record in the field of VR. They demonstrate this by their work on a virtual fitting room for e-commerce.
They have also been recognized by various industry publications and platforms, such as CIOReview, Clutch, Goodfirms, and ITFirms.
HQSoftware’s approach to VR services involves leveraging their expertise in software development and project management to build innovative solutions that meet the unique needs of their clients. They have a proven track record of delivering high-quality work and providing exceptional communication and support throughout the development process.
15. VR Vision
VR Vision Group, a pioneer as a VR reality development company, was founded in 2013.
The company specializes in providing a full range of XR solutions to empower businesses with immersive technology. They offer turnkey virtual reality solutions which integrate VR content with LMS integration.
VR vision focuses on revolutionizing enterprise training by creating immersive learning experiences. Their services also include:
- Hyper-realistic VR training simulations
- Interactive 360° videos
- Cutting-edge VR experiences
If you want to see some great VR experiences
VR Vision group also leverages advanced tech like digital twins and multiplayer environments for enhancing training effectiveness, which is found in less virtual reality companies. Additionally, the company’s commitment to data security and compliance with privacy standards ensures that clients’ trust and data security are top priorities in their innovative VR solutions.
16. Saritasa
Saritasa is a top custom software development company that has been in business for over 10 years.
Saritasa has been in business for over 10 years and they offer custom virtual reality development for client requirements. You can also see their workings with HTC Vive, Oculus, Unreal and Unity.
No matter the requirement – their VR development services are characterized by their commitment and transparency. They offer transparent development processes – where clients will never be in the dark.
Additionally, Saritasa provides source code ownership, allowing clients to own the project once it’s completed, with no additional fees or strings attached.
Craft the Unforgettable Immersive VR Experiences with WTSVerse
17. Applied VR
AppliedVR is a company that was founded in 2015 and specializes in providing virtual reality-based therapeutics. Chronic pain management has been a problem for a long time – and merging it with VR helps patients heal safely in their own homes.
Their services focus on providing scientifically proven, comprehensive virtual reality based physiotherapy.
They have successfully immersed over 60,000 patients, with their products being used in over 200 hospitals across 10 countries.
Their flagship product is RelieVRx, which allows patients to change the way they process pain. This product helps them develop new and positive habits and coping skills from the comfort of their homes.
The company is innovating in the VR space as well. They are applying the comprehensive research rigor of traditional medical device development to virtual reality therapeutics.
They are also conducting trials to predict patient response to depression treatments and develop brain-based biomarkers of mild cognitive impairment. Their focus on delivering a bio-psycho-social solution for chronic pain – is what drives their VR passion and success.
18. Queppelin
Queppelin is one of those virtual reality companies which have stuck to their value offerings and that was founded by your neighborhood geeks in 2014.
With a team of experts that work across time zones to serve clients across different continents, they have made their mark on the metaverse.
The company’s services include Metaverse solutions, AR/VR development, and AI/ML solutions. With a successful track record of hundreds of projects – they help businesses create smart solutions.
Their VR solutions help businesses explore the uncharted yet high-yielding digital space.
They offer hyper-realistic product visualization services that help businesses catch more eyeballs for their products. Their users can try the product in their real environment, interact with it, try it on digitally, and buy it right away.
Queppelin’s expertise in VR technology-based products for businesses has helped them establish a strong reputation in the industry.
19. Samsung
Samsung, a leading technology company, started its journey in 1969.
Obviously, all of us know the range of products that Samsung offers, but they are carving a niche for mobile phones, TVs, home appliances and more. In the realm of VR services, Samsung has been innovating by providing virtual reality-based therapeutics for chronic pain management through their AppliedVR division.
Samsung also offers a premium video service called Samsung VR, which provides the best in 360 immersive content, taking users anywhere from the cockpit of an airplane to the depths of the ocean or the far reaches of the universe with their Galaxy phone and a Gear VR
Additionally, Samsung has developed a range of leading VR services, including Samsung Internet VR, Samsung PhoneCast VR, VRB Foto, and Black River Studios
Samsung has also been working on expanding its VR capabilities through partnerships with top content creators like The New York Times.
The company has also introduced innovative VR solutions like the Bespoke Home Virtual, which allows users to explore and interact with Samsung’s latest Bespoke appliances in a virtual reality space using advanced digital twin technology
Samsung has also announced a new chip designed for virtual reality (VR) and augmented reality (AR) in collaboration with Qualcomm and Google, aiming to better compete with Apple and Meta in the VR and AR headset arena.
20. Vention Teams
Vention Teams is a software development company that has been providing services for over 20 years. Successful companies, startups and established billionaire owners – are a part of its elite clientele.
The company offers services in web UI, mobile, backend APIs, system designs, data integrations. This helps them cater to a wider base of industries.
With a team that spans 30+ verticals and 25+ technologies – they are dedicated to implement and build partnerships which are superlative in every sense.
Their commitment to excellence and efficiency has made them a trusted partner for companies ranging from early-stage startups to Fortune 500 enterprises.
Wrapping up,
Phew! Your eyes must be tired of reading this blog, but the world can never tire of these VR companies’ success stories! Metaverse development can be a challenge on its own but developing the grit to build superb VR apps and metaverse apps – is something that these virtual reality companies have successfully accomplished.
Hope you liked this blog, stay tuned for more!