In launch year for the Metaverse, VR headset sales (wait for it) declined

December 29, 2022

This was a year in which CEO Mark Zuckerberg changed Facebook’s name to Meta, debuted the Metaverse and set a bold new course for his company based largely on the promise of new sources of marketing and hardware sales. And yet, global shipments of VR headsets and AR devices slumped by over 12 percent in 2022, according to research from CCS Insight. Meta’s Quest 2 VR headset is the leader in its category and, therefore, a bellwether of the market. Sales of the model fell this year, although NPD analyst Ben Arnold attributes that to a huge surge in sales in 2021 when “VR totally crushed it.”

Recent News

Google’s Antitrust Trial Teeters On

Google’s landmark antitrust case against the Justice Department has reached its final stage, sparking concern across Silicon Valley. Prosecutors argue that Google’s dominance in online search and search advertising markets is illegal, while Google maintains its superiority. The outcome, to be decided by US District Judge Amit Mehta, could have significant implications not only for Google but also for other tech giants like Apple, Amazon, and Meta.

Apple’s Vision Pro Headset Dominates Enterprise Market

Apple’s Vision Pro headset, a mixed-reality spatial computing device, has found its way into the arsenals of more than half of the Fortune 100 companies, with over 50% investing in at least one unit. This revelation came during Apple’s first quarter 2024 earnings call, where CEO Tim Cook highlighted the enthusiastic reception of their products within the corporate sector.