There are 14 Companies in Mumbai
that provide AR/VR Development Services!

Mumbai is India’s economic capital and among some of the most developed tech centers in Asia. But even though it would be expected for the FinTech industry to be the main contributor to the local economy, the tech sector is surprisingly surpassing all other industries and is considered the top key industry. 

According to Indiatimes, Mumbai has one of the highest tech job opportunity growth in Asia, and more exactly 32.5% which makes it a promising place for both tech companies and skilled professionals. However, investors are somewhat cautious in investing in tech startups and rather prefer to bid on solid and sustainable business - the main reason for that being the unstable startup ecosystem.  With all these, the Mumbai tech industry still manages to attract new professionals, especially those who are returning from overseas, with rich experience in the field. 

According to payscale, the tech average wage in Mumbai is estimated to be 804K INR or almost $11000 USD/year, but of course, it may vary from company to company. The high competition among Indian tech companies lead to lower prices/project and lower hourly rates which also means that Mumbai is a good place to find IT and software companies that charge lower than other western companies per project. 

At the same time, one of the biggest challenges IT companies face is the talent shortage, which reached in 2020 critical levels. According to the same source, the shortage of entry-level devs was 46,6%, middle level - 33.87%, and senior-level over 19%. The problem is expected to be solved in the near future mainly because of young professionals that graduate from tech universities in Mumbai and also due to talent migration within India. 

In case you are searching for a partner for a tech project in India, Mumbai is surely one of the best destinations you should explore. 

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.