Overview:
The global XR market continues to decline in Q3 2023 with its lowest volume since Q4 2020. This represents a continuous annual decline since Q4 2021. Outdated headsets from major OEMs, a lack of a high-quality content library and high price points are the main drivers of the XR market’s decline. The main challenge OEMs are facing is the lack of compelling and high-quality VR content and experiences. Standalone VR headsets captured 60% of the total XR market shipments in Q3 2023, down from 93% in Q3 2022. This is attributed to the presence of Sony PSVR 2. Global AR shipments remain very low, due to a lack of sales of AR headsets. AR is still in its early stages and needs a breakthrough headset. Clubbing of solutions in a single headset will bring more opportunities for the AR headset industry.
Table of Contents:
- XR (AR/VR) market trends Q3 2023 by device type.
- XR (AR/VR) market trends Q3 2023 by retail ASP
- XR (AR/VR) Market Trends Q3 2023 by Top Brands
- XR (AR/VR) major specs analysis Q3 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: 21
Published Date: January 2024