There are 3 Companies in Greece
that provide AR/VR Development Services!

Greece is the home of democracy, modern politics, and beautiful beaches. These, make now the country famous for. Somewhere at the end of the line, the tech sector also makes Greece a good destination for investors that aim the Mediterranean area. 

With an accent on the public sector, Greece never focused and consolidated its efforts around the tech sector, until 2018, when the government sought financial assistance and resources to get out of the economic crisis the country was hit in the mid-2010’.  The Greek tech ecosystem was granted over €260 million from the European Investment Fund and private investment, indicating a confident bet that this is the next disruptive and transformative sector. Since this investment, the country had seen a flurry of innovation as predicted and beyond. The number of firms in the venture capital space has quadrupled, spurring exponentially more ideas and innovation from young minds, founders, and investors in the space.

Why you should work with Greek IT companies

The main lesson Greek companies learned from the European digital market was that they have to provide high-quality services for affordable prices, in order to be competitive and attractive. But this helped not only to attract new clients but also to investments and stimulate the workforce to enroll in the IT sector and develop the country’s economy. 

Digitalizing the tourism sector and provide more accessibility to potential visitors was the first successful test local companies have passed before going internationally. Now, in 2020, more than 80,000 workers are employed in the Greek tech sector with an average wage of ~1000 Euro/mo. At this rate, Greek IT companies provide probably the lowest costs/project in the Mediterranean area, using at the same time the latest technologies and delivering decent projects to national and international customers. 

What you should be aware of when working with Greek IT companies

On the other hand, Greek IT companies lack experience in the international market and find it difficult to compete outside the geographical area they are located in. It is true, that competition in the European market is tough and few get to know the ultimate prize for fame since there is no #1 company in the world. But with all that, in 2020 not all Greek IT companies and digital agencies are able to compete with western-European companies. 

How reliable are Greek IT companies

On the regional level, Greek IT companies are not only reliable but also among the most favorite for clients. But the lack of experience and the in-development IT industry, create a psychological barrier for potential clients, especially big companies.  On the other hand, taking into account the speed of progress Greek companies are registering, it is possible to see a surprise turnover where the IT sector will be at the same heights or even more developed compared to western-European countries. 

How does the Greek IT sector relate to the neighboring countries?

Greece’s geographical position makes the country a strategic place in terms of connectivity and transition for the entire Europe. Compared to the Balkan countries, the Greek IT sector is well-ahead, mainly because of funding opportunities, but also due to the government-supported policies and facilities for local IT companies. 

AR/VR development services are at the lead of technological innovation, enabling businesses to create immersive and interactive experiences for their customers. AR overlays virtual content in the real world, while VR provides users with a simulated environment. These services are closely related to other emerging technologies like Artificial Intelligence and Game development, to name a few

According to Markets And Markets, the AR/VR market size is expected to reach by 2027, $114.5 billion, with a CAGR of 23.5%

In terms of advantages, businesses can reap numerous benefits by leveraging AR/VR development services from specialized IT companies. Here are some of the most significant benefits:

• Enhanced Customer Engagement: AR/VR experiences captivate customers, driving increased interaction and brand loyalty.
• Virtual Product Visualization: AR/VR enables customers to visualize products in their physical space before making a purchase, improving decision-making.
• Immersive Training and Simulation: AR/VR simulations provide realistic training environments, reducing costs and enhancing employee performance.
• Streamlined Design and Prototyping: AR/VR facilitates rapid prototyping and visualization, enabling businesses to iterate and refine designs efficiently.
• Interactive Marketing and Advertising: AR/VR campaigns create memorable and interactive experiences, leaving a lasting impression on customers.

When selecting an AR/VR development service provider for a project, it is recommended to consider the following criteria:

• Expertise and Portfolio: Look for companies with demonstrated experience in developing AR/VR applications relevant to your industry and desired use cases.
• Technology Capabilities: Assess the provider's proficiency in AR/VR development tools, platforms, and frameworks to ensure compatibility with your project requirements.
• User Experience Design: Consider companies that prioritize intuitive and immersive user experiences, ensuring seamless interactions and engagement.

TechBehemoths.com can be a valuable resource in choosing the best AR/VR development companies for your projects. With a comprehensive directory of over 740 IT companies offering AR/VR development services, TechBehemoths.com simplifies the search process. The platform provides detailed profiles, client reviews, and a meritocratic scoring system to help you evaluate and compare different service providers. You can leverage the advanced search filters to find companies with expertise in specific industries or project requirements, ensuring a tailored match for your AR/VR development needs.