Bloomberg: Sony won't make new PlayStation VR2 glasses until it sells off remaining stock

By: Vladyslav Nuzhnov | 18.03.2024, 09:57
Bloomberg: Sony won't make new PlayStation VR2 glasses until it sells off remaining stock

In February 2023, PlayStation VR2 virtual reality glasses were released. Sony promised a new gaming experience thanks to headset vibration, 3D sound technology, 110° viewing angle, adjustable lenses, precise eye tracking, tactile feedback, and adaptive triggers of the PS VR2 Sense controller. However, despite all the interesting features and technologies, the product cannot be called successful in terms of sales.

Here's What We Know

Bloomberg reports that Sony has produced more than 2 million glasses, but sales have fallen sharply since its release. According to IDC, PS VR2 shipments have been declining every quarter since February 2023. At the same time, IDC sees a recovery in the popularity of such products in the coming years thanks to Apple Vision Pro. "We forecast that the VR market will grow at an average of 31.5% per year between 2023 and 2028," an IDC representative said.

In the meantime, Sony has decided not to create new PS VR2 glasses, as it needs to sell the ones in stock first. It should also be remembered that Sony closed the PlayStation Londoy division, which was mainly engaged in VR games, in the winter of 2024, which also hints that the company has certain problems with this category.

Macquarie analyst Yijia Zhai says that the high price of virtual reality equipment is the main obstacle to its expansion. Currently, there are a limited number of games that support VR devices, and this leads to a lack of motivation for players to buy VR glasses. Such limited content also has its own reason - the cost of developing VR games is much higher than that of conventional games.

Sony also announced in February that it was testing the ability for PSVR2 players to access PC games. If PS VR2 officially receives PC compatibility, it will be able to somehow raise the interest of players in this headset.

Source: bloomberg