In 2021, Oculus sold more VR headsets than Microsoft did Xbox.

According to recent data released by the International Data Corporation, Meta's Quest 2 headset has surpassed the 14.8 million units sold mark, indicating that VR is still breaking records.

So, if virtual reality is truly the future of gaming, work, education, communication, and more what’s stopping it, and will we ever experience a true virtual world?

Meta's Reality Labs unit, which houses metaverse technologies, reported a $4.48 billion operational loss in Q2. Since late 2020, the Reality Labs unit has lost approximately $50 billion.

Although multiple articles make it sound like VR is doing well by stating things like VR has a total of 171 million active users they are talking about annual users. So if someone picks up a headset for the first time he will be counted as a VR user.

Of the 171 million VR users 110 million are augmented reality users. So, there are only 60 million VR users.
What’s crazier is even from the 60 million users only 10% are MAU. Only 6-7 million users play monthly.

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