Experts of the analytical company IDC have summed up the results of the first quarter of 2021 in the market of virtual reality (VR) and augmented reality (AR) headsets. They concluded that standalone universal headsets like the Oculus Quest 2 or HTC Vive Focus accounted for the vast majority of shipments. More precisely, their share reached 82.7%. For comparison: in the first quarter of 2020, it was not equal to 50.5%. The growing popularity of gaming as well as fitness has boosted consumer awareness of virtual reality, analysts said, and companies like Facebook have made the technology more accessible.
Chinese companies DPVR and Pico also performed well during the quarter, ranking second and third in market share. They showed an increase of 108.6% and 44.7% year on year, respectively. Each of these companies already have a strong presence in China and are working to expand their international presence by serving the commercial segment. The top five are closed by HTC and Sony.
IDC predicts that shipments of virtual reality headsets in 2021 will grow by 28.9%. This is less than it could be, but more growth will be hindered by the lack of components. The long-term outlook remains bright. IDC predicts a CAGR of 41.4% to 2025, bringing 28.6 million devices to 2025.
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