VR Market Growth Is “Below Expectation” According To Sony

Sony released the PSVR in 2016 but and even though the device has been pretty popular, it seems that Sony is not very excited about the VR market growth. It is not really that surprising keeping in mind the limited number of titles available on VR headsets including PSVR.

Sony recently had an investors relationship event and there it was mentioned that VR market growth is below expectations. PSVR was included as part of the challenges and improvements side. Sony is also moving away from hardware and will be focusing on PS Network as well as game sales.

According to Oculus VR’s Matt Conte:

“I’m not going to mince words: VR is still small. There’s not as many headsets out there as we thought there might be a couple of years ago. It’s growing, and it’s actually growing at a pretty decent pace, but every decision that you make you should be thinking about: How does this get my title into the most users’ hands as possible?”

Sony has also confirmed that the PS4 lifecycle is coming close to an end and that means that we could get the PS5 in 2020. Conte further went on to say the following:

“Some people find it weird that we tell them to ship on all platforms. We don’t want exclusivity. We want VR to thrive. But VR is a niche, and you don’t want to be a niche within a niche. Ship everywhere: Oculus, PlayStation VR, Steam, mobile, if you can. Do whatever you can to get as many eyes on it as possible.”

Reports claim that AMD Zen is going to be used for the CPU that will power the PS5 and that would not be surprising keeping in mind that AMD is already powering the current console on the market. The CPU is expected to come with 8 cores. Furthermore, word has it that the GPU that will power the PS5 will be based on AMD Navi.

As of right now, there is very little that we know about AMD Navi so we will have to wait and see what kind of performance the PS5 will have to offer. I hope that AMD Navi will be better than what we got with Vega.

Let us know what you think about the VR market growth and whether or not you think there is still a future for VR keeping in mind that there are companies that are skipping it entirely in favor or augmented reality and mixed reality.