In 2018, the VR and AR industries experienced a significant leap in growth. According to the IDC report, the output value of VR/AR reached $17.8 billion, marking a nearly 95% increase from the $9.1 billion recorded in 2017. The report also highlights that the global AR/VR product and service output is expected to maintain a similar growth rate over the 2017–2021 forecast period, with a five-year compound annual growth rate of 98.8%. This rapid expansion signals a promising future for the industry.
The year 2018 marked a new era for the VR/AR/MR sector. In 2017, several major players introduced groundbreaking platforms such as Apple’s ARKit, Microsoft’s HoloLens, HTC Vive Focus, and Magic Leap One. These innovations brought VR/AR/MR into the mainstream, making them more accessible to the public. As technology advances, hardware improves, and content services evolve, the future of virtual reality looks even brighter than ever before.
Since its founding over two years ago, 913VR has been passionate about driving the VR industry forward. It has acted as a champion for the sector, spreading positive energy and supporting its development. With the theme “Golden V Sets Sail, Building Dreams for the Future,†913VR organized an annual award ceremony and summit forum to review and analyze the progress of the VR industry in 2017.
The 2018 Virtual Reality and Augmented Reality Industrial Ecology Summit Forum and the "Golden V Awards" were hosted by 913VR, with co-sponsorship from VRCore, Donghu VR Town, VRSD, AMD, UCCVR, China Wearable Alliance, China Optics Valley VR/AR Industry Alliance, Beijing Culture Bureau VR/AR Entrepreneurs Alliance, Shanghai Zhangjiang VR and AI Association, Shenzhen VR Industry Federation, Xiamen VR and AR Industry Association, Chengdu VR and AR Industry Association, and others. The event was supported by 87870, easy VR, VR Network, Bee Network, VRPinea, 17173VR, Black Box VR, VR Wormhole Network, VRZINC, and New Territories as media partners.
The Golden V Awards were held in Beijing on January 18, 2018. More than ten leading VR media outlets promoted the event, showcasing it on their homepages and offering advertising space. This level of support demonstrated the growing influence of the awards within the industry. As the first major industry event of 2018, the summit and awards ceremony aimed to bring together key players and provide insights into the future of virtual reality.
Numerous links were shared for further information, including articles from 87870, 17173VR, Black Box VR, Bee Network, VR Network, VR Wormhole Network, VRPinea, VRZINC, and New Territories. These resources offered deeper insights into the event and its significance.
Currently, companies across the industry are actively participating in the registration process for the 2018 Golden V Awards. Online voting will officially launch on January 1, 2018. The event aims to highlight outstanding achievements and promote excellence within the VR industry. By working with industry partners and media, the Golden V Awards seek to set a benchmark for the virtual reality sector.
For more updates or to register for the awards, visitors can scan the QR code below:

Telecommunication Products
Telecom systems is the exchange of information over significant distances by electronic means. A complete, single telecommunications circuit consists of two stations, each equipped with a transmitter and a receiver. And we will offer the basic telecom products which you may familiar in your life to build up the telecom systems.
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