Metaverse – Virtual Reality (VR), Extended Reality (XR) and Immersive Video News

Slower AR/VR headset shipment growth expected for 2023
Mar 21, 2023 – IDC has lowered its forecast for AR/VR headset shipments in 2023. Despite the revision, total shipments are expected to grow 14% in 2023 and accelerate over the 2023-2027 period with a five-year CAGR of 32.6%.
News categories: IDC, Jitesh Ubrani, Ramon T. Llamas, Digital TV, Market Research, Metaverse, Worldwide

Global shipments of AR/VR headsets declined sharply in 2022
Mar 8, 2023 – The pendulum for AR/VR headsets swung the other way through the course of 2022 as global shipments declined 20.9% year over year to 8.8 million units, according to IDC.
News categories: IDC, Jitesh Ubrani, Ramon T. Llamas, Market Research, Metaverse, Worldwide

InterDigital to show wireless, video, and AI/ML innovations at MWC 2023
Feb 21, 2023 – At MWC, InterDigital (Nasdaq: IDCC) will show solutions that use AI/ML to enhance wireless networks with the bandwidth and latency required for immersive use cases, rendering and delivery of HDR content, and sensory-enhanced video experiences.
News categories: InterDigital, Rajesh Pankaj, Content Distribution, Digital TV, Metaverse, Mobile, MWC23, Worldwide

NBA games to be available in VR through Meta Horizon Worlds
Jan 24, 2023 – The NBA and Meta have announced a new virtual reality (VR) experience through Meta Horizon Worlds via Meta Quest headsets, featuring live NBA League Pass games in VR throughout the season.
News categories: NBA, Meta, Jennifer Chun, Rob Shaw, Digital TV, Metaverse, Streaming, USA

Source Digital introduces metaverse experience for LG Smart TVs
Dec 27, 2022 – Source Digital and Sansar have announce a metaverse experience for webOS-based smart TVs, delivering the immersive power of the Sansar metaverse and offering access to the 'dual world' of 2D/3D events.
News categories: Source Digital, Sansar, Hank Frecon, Apps, CES2023, Digital TV, Metaverse, Smart TV, Worldwide

Rising prices putting downward pressure on AR/VR headset shipments
Dec 20, 2022 – As a result of a tough economic environment and rising prices, IDC now expects global shipments for AR and VR headsets to decline by 12.8% in 2022, dropping to 9.7 million units.
News categories: IDC, Jitesh Ubrani, Ramon T. Llamas, Market Research, Metaverse, Worldwide

AR/VR device market slows due to economic woes
Dec 16, 2022 – CCS Insight expects global unit sales in the augmented and virtual reality device segment to remain just short of 10 million in 2022, growing to 11.4 million in 2023.
News categories: CCS Insight, Marina Koytcheva, Leo Gebbie, Market Research, Metaverse, Worldwide

Consumer VR shipments in China to approach 7 million units in 2026
Nov 25, 2022 – According to IDC, consumer standalone VR shipments in China increased by 166.2% year-over-year in the H1 2022. China standalone VR in Q1 2022 reached 229,000 units shipped, while Q2 2022 had almost 273,000 units shipped.
News categories: IDC, Claire Zhao, China, Gaming, Market Research, Metaverse

VR device shipments to bounce back in 2023
Nov 29, 2022 – TrendForce estimates that global shipments of VR devices will come to around 8.58 million units for 2022, a YoY drop of 5.3%. For 2023, TrendForce expects a bounce back to a total of 10.35 million.
News categories: TrendForce, Market Research, Metaverse, Worldwide