PSVR wins in demise of low-end VR HMDs | Inside XR - August, 6th 2019 | Inside.com

Inside XR (Aug 6th, 2019)

PSVR wins in demise of low-end VR HMDs

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1. A new report from Strategy Analytics shows that midrange to high-end headsets from Sony, Facebook’s Oculus, and HTC earned 77 percent of all revenue generated globally by VR headsets last year. With perhaps the notable exception of the Nintendo Labo, the market seems to have veered away from low-end headsets. The more affordable price point for hardware such as the PSVR and the Oculus Quest have made the value proposition of HMDs such as the Samsung Gear VR, Google Cardboard and Daydream products less attractive to consumers. “Our research shows that consumers who have tried VR really enjoy the experience, and are seeking out higher-quality experiences with better headsets,” says Strategy Analytics’ executive director David MacQueen, adding that going forward, the firm expects VR to play a key role in demonstrating the power of 5G networks. – VENTUREBEAT


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