Annual revenues for VR gaming are set to hit $1.8 billion by the end of the year, according to data from Newzoo's VR Games Market Report 2022. The market is predicted to more than double to $3.2 ...

Facebook’s parent company, Meta, is having a decent day today after beating revenue and user activity forecasts for its final fiscal quarter of 2022. But its VR division isn’t helping the company make ...

Meta released its financial results for the 12 months that ended December 31 , with its VR division performing poorly across the board. Here's what you need to know: Meta's AR/VR division Reality Labs ...

Meta Platforms, Inc. continues to deliver strong core business growth, with Family of Apps revenue up 26% and daily active users exceeding 3.5 billion. META's aggressive CapEx, especially in AI and VR ...

Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that ...

Sales and shipments of virtual reality and augmented reality headsets like the Oculus Rift VR device worn by Meta CEO Mark Zuckerberg declined in 2022. Bloomberg via Getty Images Meta CEO Mark ...

Sales of virtual reality headsets in the U.S. declined 2% year over year to $1.1 billion as of early December, according to NPD Group. Worldwide shipments of VR headsets as well as augmented reality ...

VR headset sales were down in 2022, reflecting waning interest in a buggy metaverse. Even if consumers wanted to engage with this technology, the current price of headsets makes it inaccessible for ...

The end of 2022 marks more than a decade since the Oculus Kickstarter sparked the modern era of VR. While the space has undoubtedly grown tremendously since then, 2022 felt largely like a plateau year ...

Consumer virtual reality (VR) will be worth US$6.9 billion in 2022, increasing to US$20 billion in 2027, according to Omdia's Consumer VR Headset and Content Revenue Forecast 2022-2027. In the face of ...