Meta captures 90% of the VR headset market: report

07/10 03:34

According to The Block, recent data from the IDC shows that global shipments for VR headsets jumped 241.6% during the first quarter of 2022, compared to Q1 of last year. Meta accounts for 90% of the VR headset market with Quest 2. Meta's dominance is followed by ByteDance's Pico, which operates within China. Pico captures 4.5% of the overall VR headset market, according to the report. Shipments of VR headsets are forecasted to grow in 2022, expected to reach 13.9 million, up 26.6% from last year. Still, it's uncertain if Meta will hold its dominant position long-term, as Apple is expected to launch its own VR headset.

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