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Metaverse to revive AR/VR headset market, likely to reach 14 mn units in 2022: Report

The year 2023 is forecast to see 18.8 million AR/VR device shipments, riding on the Metaverse momentum. The growth momentum will come from increased demand for remote interactivity stemming from the pandemic, as well as Meta Oculus Quest 2's price reduction strategy

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Image for representation: iStock

Image for representation: iStock

The buzz around Metaverse has somewhat revived the dull augmented/virtual reality (AR/VR) market and in 2022, the AR/VR device shipments is likely to reach 14.19 million units, compared to 9.86 million in 2021 which is a year-over-year increase of 36 per cent, a new report has shown.

The year 2023 is forecast to see 18.8 million AR/VR device shipments, riding on the Metaverse momentum.

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