Global shipments of augmented reality (AR) and virtual reality (VR) headsets experienced a significant decline of 67.4 per cent year over year in the first quarter of 2024, according to a report by the International Data Corporation (IDC).
The steep drop was anticipated as the market evolved to include emerging categories such as Mixed Reality (MR) and Extended Reality (ER).
Despite the decrease in shipments, the average selling price (ASP) of headsets rose above $1000, driven...