Consumer interest in VR is declining according to sales data trends

Consumer interest in VR is declining according to sales data trends

This article original appeared at Thinknum Media here. To see the data in this article, click here for access.

Consumer interest in VR appears to be declining, according to sales rank data that we track for Amazon ($NASDAQ:AMZN).

We looked at sales rank trends for four major VR headsets from Sony, Samsung, Facebook/Oculus, and HTC. In each case, sales and their respective ranks at Amazon have declined across multiple product categories.

Sony has invested heavily in VR for its PlayStation platform since the 1990s. The PlayStation VR was released in October 2016 for $399. At first it saw decent sales, and its bundle with action-RPG game Skyrim has been most successful for the unit. However, as of late, even that bundle has been seeing dipping sales. In February 2018, it was ranked $29 in its category. Today, it sits at spot 100. 

When the HTC Vive was released in April 2016, experts declared that high-end VR for personal computers had arrived. This $799 VR system built for Windows PCs had the entertainment world stirring, with new games and experiences in heavy development. Today, development for the platform has slowed, as have sales, as the above chart shows. The platform has failed to generate sales or momentum in the VR space for HTC, who is struggling in general after announcing massive layoffs in its Taiwan-based plants just last week.

Not to be left out, Samsung launched its affordable Gear VR headset in 2014 as a way for Samsung smartphone users to get into VR. There have been multiple version of Gear VR, all selling decently, but its even its best-selling unit at Amazon has failed to rank since November 2016.

In March 2014, Facebook acquired Oculus VR for a healthy $2.3 billion. The original Oculus was developed for PCs much like the HTC Vive. Like the Vive, it's expensive and tough to get into for the average consumer, requiring a powerful PC and some computer know-how. The Oculus Go, released in October 2017, promises to simplify VR. It's an all-in-one, wireless VR unit that doesn't require a computer. It also sells for a relatively affordable $249. Initial reviews of the Go were promising, and sales numbers were decent

But if sales rank trends tell us anything, interest in the unit is declining. The Go was a top-10 seller in May. Today, it's nearing spot 100.

To see the data in this article, click here for access.

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Shakoure Char

Founder at 🌎 Frontiers|3D

5y

...What does a numeric blip matter in the universe scheme of all things VR? Think of the phases in Roger's Adaptation of Technology... Though we're currently between the Early Adopters & Early Majority stages, it's simply a matter of time before it's simply commonplace. User-Immersion and utility have always been key to the adaptation of any emerging media technology, from early TV remote controls to today's Fire TV voice commands... from telephone conferencing of the 80's to the latest in mobile video chats... from flat pdf maps to Google Earth... when media offers a new level of 1) control, 2) immersion, and 3) utility, I'd say its a pretty good bet on investment.

Waqas Nazar

Associate FIORI Consultant -SAP ABAP

5y

How to differentiate VR & Google -VR?

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Joshua Fruhlinger

Lead Content Designer @ Meta | Journalist | Previously: Head of Aol Tech | Head of Digital @ TMZ | Founding editor @ Engadget | Features writer for WSJ, Observer, GQ, Playboy

5y

Some people in the VR community took this story as a take down of VR. In fact, I love VR. Here's my response via MicGoat: https://www.micgoat.com/business/topics/e1befc72-7737-4e35-9112-edb0b4c84045

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Daniel Coman

FTL Operations at Codognotto

5y

thank god for that. get a  real life instead.

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