Virtual Reality (VR) is about to become mainstream and could be a $7 billion market by 2018. Samsung has released its Gear VR head-mounted display to the public, while Oculus and Sony continue development on “consumer-ready” products. Microsoft is experimenting with VR, and reports of Apple looking for a VR developer possibly signals its desire to tap into the market.

We detail some of the more interesting technologies in this report and highlight several companies participating in the market including Sophic Capital client Spectra7 Microsystems (SEV-TSXV).