IDC expects Meta to lose its VR dominance

IDC predicts Meta will lose its dominant marketshare in the VR market in the coming years.

The VR industry is growing rapidly. During Q1 2022, global VR headset shipments increased 241.6 percent compared to the same period last year.

Meta continues to dominate the market amid the success of its Quest 2 headset. According to IDC, Meta has now captured 90 percent of the market.

According to IDC, the biggest rival to Meta currently is ByteDance’s Pico; despite...

Meta looks set to release four VR headsets by 2024

Meta looks set to release four VR headsets over the next couple of years as it continues to push its vision for the metaverse.

According to a roadmap obtained by The Information, Meta will release a variety of headsets spanning various price points.

The long-rumoured ‘Project Cambria’ high-end VR and mixed reality headset is expected to release around September this year. Cambria was originally set to release last year but was delayed due to the pandemic and supply...

Verizon and Meta partner up to unlock the metaverse’s potential

Verizon and Meta have established a partnership aimed at unlocking the full potential of the metaverse.

5G will be key to enabling metaverse experiences anywhere, while edge computing will help to ensure they live up to expectations with even lower latency and higher fidelity.

“Over the next decade, the metaverse will enable immersive, interconnected, and interoperable digital spaces to help people connect in ways not yet possible. These metaverse experiences will be...