Overview:
The XR market shipped over 1 million units in Q2 2023, which is the lowest shipment volume since Q2 2020. This represents a continuous annual decline since Q4 2021. The XR market volumes are falling because OEMs are not introducing headsets frequently into the market, as there are no innovative improvements in hardware happening at affordable costs. The main challenge OEMs are facing is the lack of compelling and high-quality VR content and experiences. Standalone VR headsets captured 63% of the total XR market shipments in Q2 2023, down from 89% in Q2 2022. This is attributed to lower sales of Meta Quest 2 and the launch of the tethered VR PS VR2 from Sony. Global AR shipments remain very low, produced mainly by the enterprise segment. AR is still in its early stages and needs a breakthrough headset. OEMs are now launching AR glasses for specific use cases.
Table of Contents:
- XR (AR/VR) market trends Q2 2023 by device type.
- XR (AR/VR) market trends Q2 2023 by retail ASP
- XR (AR/VR) market trends Q2 2023 by Top Brands
- XR (AR/VR) major specs analysis Q2 2023
- XR (AR/VR) forecast by headset type
- XR (AR/VR) forecast by brands
- XR (AR/VR) forecast by regions
- XR recent Updates and Future Trends
Number of Pages: 24
Published Date: November 2023