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Sony Halts PlayStation VR 2 Production Amidst Sales Struggle

a person holding a video game controller in their hands
a person holding a video game controller in their hands

The technology giant Sony has been forced to stop producing new PlayStation VR 2 devices. This drastic measure comes after the company’s initial production significantly outpaced sales. Despite its initial promise, the PSVR2 has only managed to sell around 1.7 million units, a stark contrast to the 2 million units Sony optimistically manufactured for launch. This mismatch has resulted in a daunting warehouse surplus.

Sony suspended the production of further units to reduce the surplus until this surplus was eradicated. Although the jury is out on why the PSVR 2 has failed to live up to Sony’s targets, there has been much criticism from the gaming community regarding limited game libraries and an expensive price point for the device, which has likely hindered numbers.

Similarly, PlayStation has faced considerable criticism from consumers on its current stance on games of service and lack of support for the PSVR2 headset just one year after its launch. Rumors suggest the Japanese gaming manufacturer is looking to move its attention away from virtual reality gaming.

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Ultimately, PSVR2 is facing tough competition from Meta Quest and Apple Vision Pro, and it is failing to offer anything unique to gamers looking to use virtual reality with high costs and limited game/app libraries. The future of PlayStation VR is uncertain, but it does not look promising.

For more market insights, check out our latest metaverse news here.

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Jack Boreham

Jack Boreham is the editorial director and account executive at the Digital Twin Insider: the leading digital twin publication globally. Jack has been at the forefront of the platform's growth as a digital twin specialist - writing and advising projects in the Digital Twin space for over two years. [email protected]

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The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

When: July 13, 2023 at 11:30am

What: GenMat Webinar

Picture of Jake Vikoren

Jake Vikoren

Company Speaker

Picture of Deep Prasad

Deep Prasad

Company Speaker

Picture of Araceli Venegas

Araceli Venegas

Company Speaker

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