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XR (VR & AR) Report on Market Insights and Trends, Q2 2022
Overview:
Global XR shipment volume grew by 4% YoY, which was underwhelming for an industry that has previously seen triple digit growth on the back of big launches during Q2 2021. VR standalone form factor captured 90% of the total XR market shipments in Q2 2022 as compared to 80% in Q2 2021. AR Tethered form factor’s quarterly growth was supported by a 22% increase in Nreal’s shipments. Meta continued to dominate an XR market and Pico retained its second spot for two successive quarters. Considering that Q2 2022 is a pause period for the XR market, DPVR showed 2% YoY growth. Moreover, HTC grew 158% YoY in Q2 2022 from a small base of 40k in Q2 2021.
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