AR / VR headset market forecast to grow 46.9% in 2022: IDC

The augmented reality and virtual reality (AR / VR) headsets shipments grew 92.1 percent in 2021 to 11.2 million units, according to IDC report.
IDC forecast on AR VR headset marketMeta’s Quest 2 grabbed 78 percent share of the AR / VR market in 2021. DPVR captured 5.1 percent share of the AR / VR market globally. ByteDance’s Pico VR product has 4.5 percent share. VR pioneer HTC and China-based online video platform iQIYI rounded out the top 5.

“Meta has led the AR/VR industry by offering a very accessibly priced headset and by moving beyond the core gaming audience, piquing the interest of non-gamers as well as businesses,” said Jitesh Ubrani, research manager for IDC Mobility and Consumer Device Trackers.

Sony will re-enter the AR / VR space with the PSVR2. IDC expects Apple and other smartphone vendors may eventually launch AR / VR headsets.

AR / VR headset shipments are forecast to grow 46.9 percent in 2022 and achieve double-digit growth through 2026 as global shipments of AR/VR headsets surpass 50 million units by the end of the forecast with a 35.1 percent compounded annual growth rate (CAGR).