FB Oculus captures half of extended reality market in 2020

New Delhi, March 11 : Facebook-owned Oculus virtual reality (VR) headsets captured 53 per cent of the extended reality (XR) headset shipments in 2020 which declined 9 per cent (on-year), a new report has said.
According to latest research from Counterpoint’s ‘Global XR Model Tracker,’ the annual decline was less than expected thanks to the Oculus Quest 2 performance during the holiday season.
The improved specifications like increased memory, larger battery life, and higher resolution and refresh rate, at an affordable price point were the clear drivers for Oculus growth.
“VR headsets captured more than 90 per cent of the total XR shipments. The adoption of VR, mainly for standalone form-factor, is increasing, as the industry is showing significant advancements in design, specifications and features at reasonable prices,” said Research Director Peter Richardson.
Additionally, the availability of good-quality content across platforms is growing.
“The users of VR are limited to the gaming community, but enterprise users from the education and training sector gained some interest during the pandemic,” Richardson said on Wednesday.