Developers are getting ready to unleash a torrent of applications for virtual reality, and some big names from the mobile-gaming space are stepping in to offer a way for studios to market their products.
Immersv is a VR advertising platform that wants to help gamemakers and app designers with discovery while also providing them with a way to generate revenue. The idea is to enable studios to insert video commercials into their VR experiences. The startup already launched its ad exchange in a closed beta for a few clients in December with support for mobile headsets like Samsung’s Gear VR and Google Cardboard.
Intelligence firm SuperData Research expects mobile VR to produce $861 million in spending this year, but ad revenues could give that a boost. And Immersv stands to benefit enormously if studios choose to implement its ads as VR potentially grows into a $40.4 billion sector by 2020.
Ads for VR games in other VR games is already working, according to Immersv. The company claims that the videos it showed during its beta test had a 79 percent completion rate. This means that most of the people who started watching the commercials finished them. Immersv’s development toolkit enables developers to put the ads wherever they want, and they can even use flat, 2D videos or spherical videos that surround the viewer in all directions.
The advertising platform says it already has more than a dozen developers working with its tech, and it expects to bring in more soon.
Samsung Group is a South Korean multinational conglomerate company headquartered in Samsung Town, Seoul. It comprises numerous subsidiaries and affiliated businesses, most of them united und... All Samsung news »
Oculus VR™ was founded by Palmer Luckey, self-described virtual reality enthusiast and hardware geek. The company launched a Kickstarter campaign to help fund development of their first pr... All Oculus VR news »
Immersv is an early stage firm founded by the team that created the largest app distribution platform on Facebook and then again on iOS and Android. We are building a platform for mobile VR ... All Immersv news »