AR / VR market dips 20.9% to 8.8 million: IDC

AR / VR headsets shipments declined 20.9 percent to 8.8 million units in 2022, according to IDC report released today.
VR headset and data consumptionMeta has nearly 80 percent share. ByteDance (Pico) has 10 percent share as the company continued to ramp up its product portfolio and focus on markets where Meta was notably absent or a lesser known brand.

The remaining top 5 spots were held by DPVR, HTC, and iQIYI. One other notable company was Nreal who captured the sixth position amongst AR/VR headsets but held the top spot in the AR market by shipping nearly 100K units over the course of 2022.