There are 5 Companies in Munich
that provide AR/VR Development Services!

Munich is one of Europe’s leading cities when it comes to tech development and since 2016 the ICT sector has grown significantly. The Bavarian capital has one of the highest rates in tech employment, education, and revue per industry which indicates that Munich is a vital economic and digital center in Germany and also in Europe. 

The ICT sector in Munich is divided into 3 segments  - services, wholesale, and production. The service sector is relevant for most IT companies and digital agencies with the largest number of employees and the highest revenues. On the other hand, the product segment is the highest-selling out of all, in relative terms. 

According to the Bavarian Statistical Office, in 2017 the number of employees in the ICT sector in Munich was 119K, with 11300 companies providing jobs for IT professionals. The numbers do not include sole proprietorships and startups even if they are also part of the industry. 

Certainly, Munich as one of the leading tech centers in Europe has managed to attract tech behemoths such as Microsoft, Google, IBM, Apple, Alibaba Group, Cisco, Huawei, and Fujitsu. But also, Munich is the home where BMW, Siemens, and Audi brands were born and grown. 

When it comes to startups and accelerator programs, incubators, and partnerships, Munich is again excelling: 9% of all German startups are born and developed in Munich. Apparently a low number, but taking into account all cities with high IT potential, the results are actually impressive. 

Regarding salaries in the IT industry, according to Glassdoor, the figures are at $78K/Year or nearly 64K Euros/Year. 

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.