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HP might exit the VR market, but Sony is holding on

2023 is seeing some disruption in the VR market. Rumor has it that HP will be exiting the VR market, and Sony had to change strategies after disappointing PS VR2 pre-orders.

Tristan Perona

Meta’s hold on the VR market makes it difficult for other competitors to earn any customers, and rumor has it that HP will be exiting the market. Meanwhile, Sony responded to a rumor that they slashed production of their headsets. What is shaking up the VR market? Most people who play virtual reality games at home are playing on a Meta Quest 2. Last year, Meta owned 90% of the VR headset market with their cheap starter headset and never-ending supply of content. ByteDance’s Pico had about 4% of the market, and HTC, DPVR, and iQIYI together made up less
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