AXIOS May 13, 2020
Virtual reality can bring faraway people together and take us places we can’t physically go. That should make it the perfect breakout technology for both personal and professional life in the stay-at-home era — yet it remains a niche product.
The big picture: Virtual reality remains in its infancy, despite decades of on-and-off development, billions of dollars in investment and a ton of anticipation. Sales of VR headsets have repeatedly failed to live up to expectations. IDC reported 1.4 million units sold globally in Q4, down 23% from the prior year.
The fizzle is due to a number of reasons, the same issues that explain why VR isn’t having a boom right now:
- There was too much hype before...
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