VR Market Growth Has Been Below Expectations, Sony Admits

Identified as an area of "challenge" alongside PS Vue and WayForward.

Posted By | On 23rd, May. 2018

psvr slow

Remember how, a few years ago, VR was supposed to be the ext big thing, and the next frontier in gaming? And yet, here we are in 2018, and the Oculus Rift, HTC Vive, and PlayStation VR have all released, received some notable games, and multiple price drops- and yet, VR is still not much of a thing, maintaining, at best, a niche presence for the enthusiast market.

So, what happened? Speaking at a financial meeting, PlayStation boss John Kodera admitted that PlayStation VR’s relative lack of success so far has come from the fact that the VR market has simply not grown as much as was expected. PlayStation VR, in fact, was identified by Kodera as one of three major challenging areas for PlayStation, alongside the PlayStation Vue television streaming service, and the WayForward initiative to bring Sony games to mobile.

So what does this mean? Well, hopefully it doesn’t mean that Sony will cut the strings and run, like they did with the PlayStation Vita. Hopefully it means they will invest in more compelling content for the device in house to make it more attractive to would be customers.

[GamesIndustry]


Tagged With: ,

Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Marvel Rivals Gameplay Details Moon Knight’s Abilities, Potentially Teases Hawkeye

Marvel Rivals Gameplay Details Moon Knight’s Abilities, Potentially Teases Hawkeye

The hero shooter's latest revealed Duelist ricochets projectiles between enemies, which deals more damage with...

Dynasty Warriors: Origins Gameplay Showcases Tactics, Weapon Types, and Huang Gai’s Power

Dynasty Warriors: Origins Gameplay Showcases Tactics, Weapon Types, and Huang Gai’s Power

Check out the "Subjugation of Yuan Shu," where players must assault a heavily defended castle with their allie...

LEGO Horizon Adventures Trailer Features a Singing Thunderjaw

LEGO Horizon Adventures Trailer Features a Singing Thunderjaw

Aloy and the gang sing Chumbawamba's "Tubthumper" while battling a Thunderjaw, reflecting the tone of the upco...

South of Midnight Previews Seemingly Coming Soon

South of Midnight Previews Seemingly Coming Soon

Compulsion Games and Microsoft's action-adventure title is expected to release sometime in 2025 for Xbox Serie...

Black Myth: Wukong’s Physical PS5 Release is Set for December 12

Black Myth: Wukong’s Physical PS5 Release is Set for December 12

The action RPG will be available for PS5 in physical form a little over a month from now, it's been officially...

Hello Neighbor 3 Announced

Hello Neighbor 3 Announced

The stealth survival horror sequel will once again take players to the eerie town of Raven Brooks for yet anot...