Report: Sony cuts PlayStation VR2 shipment forecast after disappointing pre-orders

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In November last year, Sony officially revealed full details about its upcoming PlayStation VR2 (PS VR2) headset, including specifications and availability information. However, many were disappointed to learn that the new hardware will cost $549, which is even more than the PlayStation 5. This lackluster response also seems to have translated into weak pre-order figures, causing Sony to significantly lower its initial sales forecasts. .

PSVR2

People familiar with the matter have noted that the PS VR2 headset shipment forecast has been lowered to around 1 million units. While that may sound like a lot, it’s well short of the two million ready-to-shipment units that Sony was initially expecting.

Additionally, Sony has reportedly notified supply chain partners to expect lower orders for PS VR2 display panels. In fact, between April 2023 and March 2024, it is expected to ship only 1.5 million units. That said, these figures may change slightly depending on consumer market response. Sony declined to share details about its product inventory.

VR is yet to become mainstream and there are barriers to entry, such as cost, that make it even more difficult. The VR headset market is currently dominated by Meta with the Quest 2 having an 85% market share. It looks like Sony won’t directly challenge the established contenders given the PS VR2’s price point. Regardless, it will be hoped that its upcoming PS VR2-exclusive titles will manage to attract gamers, both old and new, to this consumer category. We’ll know for sure once the headset launches on February 22.

Source: Bloomberg (Paywall)



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