The Problem: The success of new Augmented and Virtual Reality hardware and software is extremely dependent on market development, but with cost being a high barrier to entry, most people will remain without any exposure to these systems and the market will struggle to expand.
My solution: Create an innovation hub, of sorts, which will bring together various companies and technologies on this industry. The hub will be located in a major metropolitan area, and will contain both work spaces for companies, and showrooms open to the public for easy demonstrations of both existing and in-development software and hardware. This will raise awareness and increase exposure to the technology, and also provide avenues for companies to beta test their in-development products and receive real time feedback from a large number of customers.
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