The global shipments of VR may decrease to 6~7M in Y2023 due to the unfavorable shipment forecast of Sony PSVR2, Meta Quest 3, and the delay of the Pico 5 launch.
October 13, 2023
Key Takeaways:
- Global VR shipments in 2023 are anticipated to decline significantly by 20% to 30% compared to the previous year, with estimated shipments in the range of 6 to 7 million units.
- Several factors contribute to this decline, including lower-than-expected shipments of Sony's PSVR2, Meta's Quest 3, and the delayed launch of Pico 5.
- The shipment forecast for 2023 for key players in the VR market is as follows: Sony is expected to ship between 1.5 to 2 million units of PSVR2, Meta's Quest 3 is revised down to an estimated 2 to 3 million units due to sluggish market demand, and Pico's expected shipments are projected to fall within the range of 0.4 to 0.6 million units.
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Authors
Eddie Han
Eddie Han, Sr. Analyst/Research Director at Isaiah Research, has been studying smartphone industry for 10+ years. Focus on smartphone and the related components supply chain research. Master in Social Enterprise, Fu Jen Catholic University, Taiwan. Currently as the Sr. Analyst/Research Manager of Smartphone Team at Isaiah Research and lead 3+ members to work on supply chain analysis from smartphone(Apple/Android), 5G, RF, camera, display to XR research with a solid methodology. Business development and customer management include top-tier smarphone brands and components vendors. Used to work as Sr. Industry Analyst/Section Manager for 10+ years at Market Intelligence and Consulting (MIC). Conduct 150+ smartphone industry reports on OEM/EMS/ODM shipment tracker, application processor, radio frequency, display and 5G communication related research.
