• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Monday, September 15, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Sony Exec Grows Worries Over Lack of VR Gaming Manufacturer Competition

margin707 by margin707
September 26, 2017
in News
Reading Time: 3 mins read
3
TheVRBase PlayStation VR Camera
Share on TwitterShare on Facebook

Interesting things are taking place behind the scenes of the VR industry. According to Sony Corp’s gaming chief, the gaming market needs more competition. This is a pretty interesting statement, considering Sony is the clear market leader in this regard. Their growing lead over competitors is getting “discomforting”, which is both good and bad. Without any real competition, the virtual reality gaming industry will not grow one bit whatsoever.

Sony Dominates Virtual Reality Gaming

No one can deny Sony has made some smart decisions when it comes to their virtual reality products. No competitor comes even close in terms of sales and it doesn’t look as if any new players will emerge soon. Without competition, this industry cannot thrive, though. Both HTC and Oculus simply move too few units to become even a remote threat to Sony right now. In fact, the Japanese company sold over 500,000 VR headset units between June and late August.

While that number is positive news for the company, it’s also cause for concern. More specifically, the Japanese giant hopes there will be more competition moving forward. Considering how their headset requires a PS4 console, one would expect someone to take the “fight” to them. So far, that has not happened yet. Microsoft would be an obvious competitor, but their HoloLens will not release until next year or perhaps even 2019.

Considering how nascent the VR industry is, one would expect gaming competitors to pop up everywhere. Most companies are focusing on the mobile space right now, with varying degrees of success. Other than the Samsung Gear VR, no mobile headset represents any significant sales figures, though. Despite price cuts for the HTC Vive and Oculus Rift, their sales figures aren’t increasing much. It is unclear how this market will evolve if no new competitors emerge.

Earlier this week, the company announced new plans for their Japanese VR industry. a few new tools and services will launch over the next few months. It is evident people who want to game in virtual reality need to look into the PlayStation VR. It provides an unprecedented experience which a lot of people seem to like right now. Moreover, it has a growing library of games at affordable prices. The market dominance by Sony is pretty scary, though, but there isn’t much to be done about it for the time being.

If you liked this article make sure to follow us on twitter @thevrbase and subscribe to our newsletter to stay up to date with the latest VR trends and news.

Tags: GamingPlayStation VRSony
Previous Post

What is Spatial Audio?

Next Post

Boost VC’s Adam Draper Claims now is the Best Time to Invest in Virtual Reality

Related Posts

Featured

Pakistan Moves to Regulate Digital Asset

September 14, 2025
shibarium-shib-hardfork 1
Featured

Shibarium Bridge Hit by $2.4M Exploit

September 14, 2025
coinbase-ceo-bitcoin-Brian Armstrong 1
Featured

Coinbase Explains How Token Listings Work

September 14, 2025
XRP Targets a Breakout as Bulls Eye a 20% Surge
Market Analysis

XRP Targets a Breakout as Bulls Eye a 20% Surge

September 13, 2025
Featured

Bitcoin Takes a Breather After Record High – But the Bulls Aren’t Done Yet

September 13, 2025
Altcoin Season Index Soars to 76 While Bitcoin Dominance Wobbles
Market Analysis

Altcoin Season Index Soars to 76 While Bitcoin Dominance Wobbles

September 11, 2025

Press Releases

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?
News

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

by Alex Mercer
September 10, 2025

Ripple’s XRP is flirting with the $3 mark again, thanks to a tidal wave of speculation around a potential ETF...

Read more
Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

September 2, 2025
Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

September 1, 2025
Why Ethereum ATH Could Crush Bears Before Q3 Ends

Why Ethereum ATH Could Crush Bears Before Q3 Ends

August 12, 2025
Ethereum’s 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

Ethereum 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

July 20, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier