Skip to content
Northwest Trail

Northwest Trail

  • Chaotic Meeting At Kejriwal’s Residence, BJP Members Walk Out News
  • Ferrovanadium Alloy Market Size, Share, and Growth Analysis 2024 Business
  • OnePlus 5T Buyback Scheme Rolled Out In India Technology
  • The APAC Private Finance Group at Barings has grown significantly Business
  • Reintroduction of birds showed parenting’s role in species News
  • Vitamins Market Trends, Growth, and Forecast To 2030 Business
  • Chief Of US Air Force To Fly Tejas, The Indian Made Aircraft Automobile
  • New research reveals tickling can answer brain issues Health

Meta quickly came to popularity in the virtual reality field

Posted on February 10, 2022 By admin No Comments on Meta quickly came to popularity in the virtual reality field

Meta quickly came to popularity in the virtual reality field

Meta’s Oculus Quest and Rift headsets continue to be dominant on Steam, and the study revealed a 6.39 percent growth in Meta Quest 2 users during the same time period. Additionally, Meta’s overall share of Steam users, including those using devices such as the Quest 1 and the Oculus Rift, has increased by 43 percent since 2019.

Another factor contributing to the dramatic increase is that the Meta Quest 2, which is currently the firm’s flagship VR gadget, is portable, does not require a computer, and is the least expensive full-featured VR headset on the market, at $299, according to the company.

See also  The Stand-Up Pouches Market By Type, Application, and Forecast

So, while Meta may be playing catch-up with the likes of Microsoft, Google, and Snap in the realm of augmented reality (AR), which is currently more of a business tool than gaming-dominated virtual reality (VR), when it comes to the latter, Zuckerberg’s metaverse bet is paying off in the area where consumer activity is currently at its peak.

See also  How Can You Use The TOR Browser Effectively?

Meta’s VR gain could be the result of Facebook’s loss.

According to Meta’s VR head, Andrew Bosworth, the business has yet to reach 10 million VR users, which makes its VR arm small when compared to Facebook’s almost 3 billion users.

However, the steady slowing of Facebook’s daily social media users, as well as the increase in VR users, suggests that a transition is taking place that hasn’t been properly accounted for by market experts. Also, the decline in Facebook daily users may have been exaggerated, as the number of Facebook monthly active users increased from 2.91 billion to 2.912 billion in the latest quarter.

See also  DirectStorage, the company's upcoming product, is expected to speed up PC game loading times

Meta spent $10 billion in 2021 on their metaverse virtual reality and augmented reality goods, which brought them only $2.27 billion in revenue. If Zuckerberg’s goal is to eventually bring 1 billion users onto his virtual reality platform, that investment could be the key to securing the company’s role in the metaverse’s future.###

News, Technology

Post navigation

Previous Post: BP and Shell’s massive earnings have re-ignited proposals for a windfall tax to combat fuel poverty
Next Post: The Different Types of ETFs in Singapore

Related Posts

  • Dallas Fed President says that labor market might be at the full employment levels News
  • Fillcon benefits from both new and returning customers Business
  • Symantec Trades Its Business Of Web Certificate And Attains Fireglass Technology
  • The number of players in Halo Infinite is decreasing on Steam News
  • Make This New Year’s Resolution In Favor Of Nature Internet
  • Proxy War Techniques Employed By Israel Killed 2,700 in 70 years News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Automobile
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Internet
  • News
  • Sports
  • Technology
  • Uncategorized
  • Vacuum Belt Dryer Market Forecast: Strategic Insights and Future Trends 2032
  • Vegetable-Oil-Based Cutting Fluids Market Landscape: Trends, Innovations, and Projections 2032
  • Tooth Regeneration Market Dynamics: Key Drivers and Challenges 2024
  • Construction Materials Market: Trends, Analysis, and Future Outlook 2032
  • Offshore Wind Energy Market Size Overview 2024
  • The Next U.S. Moon Landing Program Will Be Managed by Private Companies News
  • 5 Low-Cost Tips for Sprucing Up Your Home Business
  • Aragonite Market: Global Industry Analysis, Growth Trends 2023-2030 Business
  • As a result of a birth injury, a mother decided to start a parenting podcast Health
  • Reintroduction of birds showed parenting’s role in species News
  • Reshaping Of Body Tissues Using Molecular Surgery With No Scars And Incisions Health
  • Google Is Working On Ways To Improve Search Results For Web Stories News
  • Specialists of Many Areas Work at Chu Agency Business

Copyright © 2025 Northwest Trail.

Powered by PressBook News WordPress theme