Global VR Market Declines 12% YoY in 2024; ‘AR+AI’ Smart Glasses to Take Centre Stage in 2025
Global VR headset shipments fell 12% YoY in 2024, marking their third consecutive year of declines due to the continued weak consumer demand.Meta continued to dominate the global VR market in 2024, capturing 77% of the shipments.In Q4 2024, the availability of the Meta Quest 3S boosted Meta’s market share to 84%.Shipments of Apple’s Vision Pro declined in Q4 after the initial hype. However, its enterprise sales saw an uptick.The global AR smart glasses market faced challenges in 2024, but we exp...
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