Meta Quest 2 First VR Headset To Cross 100 Lakh Shipments By End of 2021: Report

Meta Quest 2, formerly known as Oculus Quest 2 shipped over 10 million or 100 lakh headsets by the end of 2021.

Counterpoint Research estimated that the company will ship nearly 12 million VR headsets in 2022. Image: Getty

New Delhi: Meta Quest 2, formerly known as Oculus Quest 2 shipped over 10 million or 100 lakh headsets by the end of 2021, a new report said on Friday. According to Counterpoint Research’s XR (AR & VR headsets) Model Tracker, the US alone contributed 70% to Meta Quest 2’s shipments, followed by Europe with roughly 20% shipments. Since it is a popular tech gift half of its shipments occurred during the holiday season in the last quarter of both 2020 and 2021.

"We believe Meta’s next major Quest device since 2020 will be launched in 2023. It makes sense, as currently there is no significant hardware advancement in VR headsets for the affordable segment. Also, the consumer is holding on to VR devices longer," Karn Chauhan, Senior Analyst at Counterpoint Research, said in a statement.

Even as Quest Meta 2’s cumulative shipments are 1.5 times higher than its next biggest competitor Sony PSVR, the headset will face more competition from the highly anticipated PSVR 2, as well as the devices that DPVR and Pico launch in 2022.

"We saw an increase in DPVR’s presence in overseas markets in 2021 and it will continue to expand in 2022. Since acquiring Pico, ByteDance, the parent of TikTok, is pouring a lot of resources to strengthen the Pico brand with an increased focus on content as well as through faster staff hiring, superior consumer VR hardware and competitive pricing," Chauhan added.

Counterpoint Research estimated that the company will ship nearly 12 million VR headsets in 2022, including the upcoming Project Cambria product that will be launched later in 2022 to showcase Meta’s potential capabilities. However, more than 80% of the volume will be driven by Quest 2, which will be available throughout the year at a price point that is a sweet spot for VR headsets.