The virtual reality industry is still young right now. Companies continue to make advancements in VR software and hardware as the tech gets better and better.
The public is gradually warming up to the devices as well and the growing acceptance of virtual reality products can be seen by the surge in the quarterly shipments of virtual reality headsets. For the first time ever, quarterly shipments of virtual reality headsets have crossed one million units. This is no longer a niche product.
According to a new report from market research firm Canalys, more than one million virtual reality headsets were shipped in the three months ending September 30th. This marks the first time that collective shipments of VR gadgets have broken the one million unit threshold. The price cuts that OEMs have been delivering to customers have helped too.
Major VR players like Oculus have made lowering their prices a strategy and that has helped drive sales. Other companies are using similar strategies and succeeding. Sony is the market leader in the third quarter of this year shipping 490,000 PlayStation VR headsets. Oculus came in second place with 210,000 Rift headsets shipped. HTC came in third place with 160,000 Vive VR headsets. The VR headset market will grow even further next year as it gains momentum. It will be interesting to see the figures.