Shipments of Virtual Reality Headsets Fall by 54% In Q1-2023

Expert Verified By

Sector At Risk of Bankruptcy?

Despite the launch of PSVR 2 for SONY’s well-liked PlayStation 5 platform, coupled with waves of rumors and anticipation of Apple’s AR/VR cases, shipments of reality headsets fell significantly during the first quarter of this year.

Will the Meta’s latest Virtual reality headset, the Quest 3, be able to increase people’s interest in this sector? We are not sure, but the Virtual Reality Headsets market has been on a declining trend for the past few months, and now the latest report by market research agency IDC reports a 54.4% drop in AR/VR headsets shipments in the first quarter of 2023.

VR headsets shipment drop Q1 2023

Among the top five manufacturers of AR/VR headsets, Meta continued to lead with a 47.8% share; Sony, with its PSVR 2 headset, accounted for 35.9%. We must bear in mind that the figures for PSVR 2 were not what can be said to be high but relatively low.

ByteDance (Pico) got 6.1% this year with new products and markets. DPVR and HTC came with distribution; each got less than a 2% share.

Apple is the next great hope for preserving the VR industry from growing public disinterest as the months go by and the honeymoon effect of PSVR 2 fades off., which reportedly plans to unveil its virtual reality glasses project soon.

Although if the rumors are to be true. It won’t be a product for the mass market but rather a high-end device to test the market.

The issue with virtual reality is that it has multiple sources. On the one hand, some want to make it a luxury for a select few. On the other, there is a devotion to far more accessible systems that don’t require a PC or a powerful console to play but, in exchange, provide a much less satisfying experience technically.

So there are two trends at the moment. However, the market won’t take off until a standard application or a utility makes buying these gadgets worthwhile and stops them from being merely exciting pieces of technology.

Was our article helpful? 👨‍💻

Thank you! Please share your positive feedback. 🔋

How could we improve this post? Please Help us. 😔

Gear Up For Latest News

Get exclusive gaming & tech news before it drops. Sign up today!

Join Our Community

Still having issues? Join the Tech4Gamers Forum for expert help and community support!

Latest News

Join Our Community

104,000FansLike
32,122FollowersFollow

Trending

New Resident Evil Requiem DLC Faces Mixed Reception From Players

The new Leon Must Die Forever mode has seen mixed reception by players online, with many fans left wishing for the classic Mercenaries mode.

Despite Laying Off 1,000 Devs, Epic Says AI Isn’t Killing Jobs And Is Making Them More Efficient

An Epic Games dev has stated that even though the company recently fired 1,000 employees, it isn't using AI to make jobs redundant.

Sony Now Actively Inviting PS4 Players To Upgrade To PS5 For GTA 6 Release

Sony has started a new marketing campaign in an attempt to convince PS4 users to finally switch over to PS5 to prepare for GTA 6 release.

Tomb Raider Legacy of Atlantis Still on Track For 2026 Despite Rumors of Delay

According to one of Crystal Dynamics' support studios, Tomb Raider Legacy of Atlantis is still coming out in 2026, despite rumors of a delay.

PS6 Release Window To Be Heavily Influenced By Memory Pricing, Sony Says

Sony has recently addressed concerns regarding the launch of the PS6, stating that memory pricing will play a key role in the decision.