Sony has paused production of the PlayStation VR2 headset due to unsold stock and efforts to make it compatible with PC.
Video games The hardware has to be planned well in advance, so ideally Sony wouldn't have released a £530 VR headset during a cost of living crisis. £530 VR headset Amid a cost of living crisis, it's odd that they launched it at that price.
It's still strange that they released it so early in the PlayStation 5's lifespan, especially with only one first party title available and no hints at another one. PlayStation 5Horizon Call Of The MountainHorizon Call Of The MountainNo information has been given about a new first party title.
A new report suggests that Sony has halted production of the PlayStation VR2 due to a backlog of unsold stock.
Not only Sony, but the entire VR industry has struggled to sell hardware since the financial struggles post-pandemic have made it too expensive for many.
Since the launch of the headset in February 2023, Sony has barely mentioned VR, but sources state that well over 2 million headsets have been produced. Despite this, shipments have decreased each quarter, from 595,500 to 325,200 by the Christmas period.
According to a report by Bloomberg, Sony is currently testing software to make the headset compatible with PC, and won't produce more headsets until the backlog is cleared. Bloomberg reportSony wants to clear the backlog and increase demand by making the headset compatible with PC.
Although the PlayStation VR2 is a top-quality headset, the lack of exciting big-budget games is turning many people away, with only indie developers supporting it.
Macquarie analyst Yijia Zhai claims that the high price of VR hardware is the main obstacle to its growth, and the limited selection of games discourages players from buying VR hardware.
Another analyst predicts that the VR market will grow by 31.5% yearly between 2023 and 2028, mainly due to the launch of the £2,800 Apple Vision Pro.
Although the more affordable Meta Quest 3 is expected to increase sales as the financial situation improves, such growth seems overly optimistic, especially given Sony's limited potential contribution. Meta Quest 3 The Meta Quest 3 is likely to see an increase in sales as the financial situation improves.
This will likely lead to significant discounts for PlayStation owners soon, possibly even before Black Friday, if the reports are accurate.