AR/VR spending to jump 69% in 2019, PSVR continues to lead VR market - IDC

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https://www.gamesindustry.biz/articles/2018-12-06-ar-vr-spending-to-jump-69-percent-in-2019-idc

Augmented reality and virtual reality are poised to grow at a surprisingly steady pace over the next four years. According to market intelligence firm IDC, worldwide spending on AR and VR products and services will be up 69% next year, and will sport a five-year compound annual growth rate inching closer to 70% from 2017 through 2022.

Those numbers are pulled from the most recent update to IDC's Worldwide Semiannual Augmented and Virtual Reality Spending Guide, which puts this year's AR/VR tally at $12.1 billion and next year's at $20.4 billion.

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IDC also released some numbers on the recent performance of VR hardware, with GameDaily.biz reporting that the firm found VR enjoying a positive third quarter of shipments. From July through September, global VR headset shipments were up 8.2% to 1.9 million units. Among tethered headsets, PSVR led the way with 463,000 units shipped. The Oculus Rift shipped 300,000 units, while HTC's Vive added another 230,000 headsets to the channel.

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[theotherMittens]

Nice.

 

[Sonicfan059]

I bet Black Friday was huge for PSVR. The software is really picking up.

 

[Briarios]

I was always skeptical of those huge numbers some of the analysts were originally pushing for VR -- it was clear it would always be niche. So, after all the doom & gloom about it, it's nice to see steady, sustainable growth.

All I know is that the recent games for PSVR have been amazing - Astrobot, Tetris, and Beat Saber have all blown me away.

 

[Travless]

 

[____]

Goddamn $12b this year? Wow.

 

[Crayon]

Game library, percieved potential, price, marketing. These are the things that worked for game consoles. I believe they will work for VR.

 

[Jade1962]

I was so close to getting one but decided against it for now since I have too many games I need to catch up on already.

 

[Toriko]

Astrobot 2 let's gooo!

 

[Bitch Pudding]

I just hope momentum is big enoug to justify PSVR 2.0 in 2-3 years. I avoided the first one because it didn't match my demands with respect to sheer specs. I really hope the next generation leap will be as big as the one between PS1 and PS2 games, at the very least.

 

[BernardoOne]

Momentum thankfully keeps increasing. None of the main VR headsets lost users, and stuff like the Vive doubled their monthly active users. Stuff like Beat Saber selling pretty well. Nice to see.

 

[MadeULook]

I'm definitely curious what those Black Friday numbers for PSVR is. Been a great year for it software wise too so I'm not surprised to see it leading the market.

I'm just glad to see VR showing early signs of taking off. Been loving my PSVR since I got it on Black Friday and definitely want to invest in a PCVR sometime in the future.

 

[jpbonadio]

I love my Samsung Gear VR, and I don't know why I still don't own a Playstation VR. I guess I was waiting for No Man's Sky VR support, but that never happend.

 

[HardRojo]

I hope Sony and other companies keep investing in VR. It's going to be a great medium, but only if it keeps being supported and development goes on.

 

[Darth Smurf X]

My PSVR Wishlist is massive, so I'll help next year. Also, can you imagine the sales of a Dreams PSVR bundle?

 

[Deleted member 2840]

Gonna be interesting to see the numbers if we really get a new headset competitor next year.

 

[Crayon]

My PSVR Wishlist is massive, so I'll help next year. Also, can you imagine the sales of a Dreams PSVR bundle?

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I find myself wondering how strongly dreams will be associated with VR. Seems like it can go either way. Personally, it's the game that makes VR must have for me.

 

[Ryuhza]

 

[digitalrelic]

I'll definitely be diving into VR at some point, but for me it just feels like it makes more sense to wait until next gen.

 

[Crayon]

I wish I was at home with my head stuck in wipeout right now. Normal reality sucks.

 

[Loudninja]

Very nice VR is gettign better and better as time goes on.

 

[super etrian odyssey]

I need to pick up Tetris.......

 

[ghibli99]

Cool! I have a PSVR and love Astro Bot, Tetris Effect, etc., but I still find VR to be a hassle hardware-wise. I don't have a good place to store it, so it goes in the closet... and out of sight, out of mind means I don't think of playing VR games when looking at my library. First world problems, but it's a weird thing.

 

[Deleted member 49804]

This has nearly nothing to do with VR gaming:

Worldwide spending on AR/VR solutions will be led by the commercial sectors, which will see its combined share of overall spending grow from 64.5% in 2019 to more than 80% in 2022

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[ClarkusDarkus]

Had PSVR since day 1, Haven't looked back since. Flat TV gaming has it's place, But this gen alone my best gaming memories have been in VR, My friend also says same thing. PS5/PSVR2 will be the perfect combo.

Be a shame if RE8 isn't VR as RE7 alone makes PSVR worthwhile, And For the Cyberpunk fans check out AirCar VR, For a glimpse of what could be possible, Aint no going back after experiencing that.

 

[Barrel Cannon]

Primethius As it should be

 

[Iwao]

So there will be more investments made to match the undeniable market growth?

Wonderful news.

 

[Shinobido Heart]

Hopefully more people start to see what VR can do. :)

 

[Kerotan]

Great news. It's important psvr keeps up momentum for the next 2 years to justify it's relaunch on the ps5.