How brexit can create a virtual reality boom in ireland


The online technologies of the future could provide Ireland with major opportunities to get a bigger slice of the €99bn 'virtual reality' (VR) and 'augmented reality' (AR) sectors.

One of the country's leading authorities is this area says we could replace Britain as the main development hub for these technologies.

"At present, Britain is undoubtedly the main market in the EU when it comes to augmented reality and virtual reality," Dublin Institute of Technology’s Alex Gibson commented.

"However with the advent of Brexit, the massive expected investment into European AR and VR will need a new home within the EU and that creates significant opportunities for other countries – particularly Ireland. There is now a major gap in the EU market and if we were to cultivate an R&D environment for AR and VR in this country we would be very well placed to occupy that space," he added.