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VR Gaming Statistics 2026: Shrinking Base, Rising Spend

In 2024 the consumer VR industry sold 6.9 million headsets to consumers and finished the year with 1.7 million fewer headsets in active use than it started with. That pair of numbers, both Omdia’s, is the whole story: VR’s software market is not growing by adding people, it is growing by extracting more from the people who stayed — content spend rose 7.1% to $904 million while the active base fell 7.2% to 21.9 million, so spending per surviving headset climbed 15.4% (16Best analysis). And $904 million is still below the $934 million Omdia measured for 2022, so even the growth year did not get the category back to where it was. The popular explanation — headsets gathering dust in drawers — is half right and it misses the important half. Meta says Quest hit its all-time high in unique users in 2025 and that Horizon Store gross revenue was still only “up very slightly”. The hours are there. The money is not following them.

Where does VR gaming actually stand in 2026?

It is a small, stable, single-vendor software market of roughly a billion dollars a year, attached to a hardware category that is no longer growing. Not dying — the distinction matters, and most coverage gets it wrong in one direction or the other.

Start with the shape of the thing. Omdia, which has tracked consumer VR headset and content revenue for years under the same definitions, measured $934 million of global consumer VR content spend in 2022, $844 million in 2023 and $904 million in 2024. Read that sequence slowly: down 9.6%, then up 7.1%, for a net 3.2% decline across two years (16Best analysis of Omdia data). The much-quoted 2024 rebound is a partial recovery inside a flat-to-shrinking series, not a turn.

Meta, the platform holder for most of that money, told developers at GDC in March 2026 that 2025 saw its all-time highest number of unique users and that Horizon Store gross revenue was up “very slightly” on 2024. Meta chose its comparator carefully: it set that alongside Circana’s estimate of about 1% industry growth. That benchmark is narrower than it sounds — Circana tracks US consumer spending on game hardware, content and accessories, which it put at $60.7 billion in 2025, up 1.4%, so a global software store was being measured against a single country’s all-categories total. Meta never put a number on its own store. We report the qualitative claim as the claim, and every figure on this page that needs a Horizon Store growth rate treats it as a range, not a point. Nothing in that sequence looks like collapse. Nothing in it looks like a growth market either.

Now the part that is genuinely surprising. Over the same window, the hardware moved the other way. Headset sales fell from 10.1 million units in 2022 to 7.7 million in 2023 and 6.9 million in 2024 — a compound decline of 17.3% a year (16Best analysis of Omdia data). IDC counted 1.7 million Quest headsets shipped in the first three quarters of 2025, down 16% on the same period of 2024, in a year with no new Meta headset. So the software market held roughly flat while the hardware market contracted for three straight years. Those two facts only fit together one way, and finding out which way is the rest of this page.

How many VR headsets are actually being used?

About 21.9 million worldwide at the end of 2024, down 8% on the year — and that decline happened while 6.9 million new headsets were shipping. Omdia’s two December press releases give a clean like-for-like pair: an active installed base of 23.6 million in 2023, falling to 21.9 million in 2024, which the firm attributed largely to a low share of Quest 2 owners upgrading.

All raw figures are Omdia’s consumer VR forecast, published 20 December 2023 (2022 and 2023 rows, and the 23.6 million active base) and 20 December 2024 (2024 row). The two releases reconcile: 21.9 ÷ 23.6 = −7.2%, which Omdia rounds to 8%. The final column and the change row are 16Best calculations. “Headsets sold” is Omdia’s consumer sell-through measure and excludes enterprise units; it is not the same as the shipment figures IDC publishes, which include channel inventory. “Active” means in use, not units ever sold — cumulative units sold is a much larger number that nobody publishes in full.

This is why installed-base talk misleads. Meta’s VP of VR told employees in an internal presentation reported in March 2023 that the company had sold nearly 20 million Quest headsets. That number is real and it is still quoted. It is also a cumulative sales total, and Omdia’s figure says the entire world — Quest, PSVR2, Valve Index, Pico, Vive, everything — had around 21.9 million headsets in active use at the end of 2024. Units sold and units used are separated by years of attrition, and only one of them buys games.

If the base is shrinking, how is VR content spending still rising?

Because the people who stay spend more each year, and they are a rising share of a falling population. Content spend per active headset went from $35.76 in 2023 to $41.28 in 2024, up 15.4%, while total spend grew only 7.1%. Slightly more than half of that per-headset improvement is arithmetic: the denominator fell.

That is a real business, and it is not a growing one in the way the category needs. A platform whose revenue rises because casual owners quit is concentrating, not scaling. It also has a visible ceiling, and Meta’s own announcement history draws it.

Milestones as announced by Meta and reported by Road to VR and TechCrunch. Run rates are 16Best calculations: $500 million divided by the elapsed months between announcement dates. One caveat that cuts against our own reading: Meta said the store crossed $1 billion during Q4 2021 and only announced it on the February 2022 earnings call, so the first interval is shorter than the true elapsed period and the first run rate is an upper bound. The measured slowdown is therefore a maximum, not a floor. The final row is the absence of an announcement, not a measured figure — Meta repeated the “over $2 billion” line at GDC in March 2025, and as of GDC in March 2026 had still not claimed $3 billion. Read it as a disclosure signal, not a revenue number. These are gross store figures before Meta’s platform cut, and cover the Quest store only.

What is a VR headset worth to developers each year?

About $41 in content spend per active headset in 2024 — roughly $3.44 a month, or one full-price VR game a year. Put that beside the only two benchmarks that share the same year and it stops being an abstraction.

All three ratios are 16Best calculations. Rows one and two are clean: numerator and denominator share a year and a source. Row three is deliberately labelled indicative and should not be quoted as a precise figure — its numerator is Omdia’s 2024 console content spend while its denominator is lifetime hardware units through March 2026 from Sony IR, Nintendo IR and VGChartz estimates, as carried on our console market share page. Two errors run in opposite directions: the denominator omits tens of millions of PS4 and Xbox One owners who still buy games, which pushes the figure up, and it counts units sold rather than units in active use, which pushes it down. Treat it as an order of magnitude. Rows one and three also differ in kind — VR is measured on its active base, its most flattering denominator, while consoles are measured on units ever sold.

Scale it once more for proportion. The entire world spent $904 million on VR content in 2024. Our indie game statistics page puts Black Myth: Wukong’s gross at roughly $1 billion. One Chinese action game out-earned every VR game on Earth combined, and Omdia’s own console content figure for the same year, $37.4 billion, is 41× the whole VR content market.

If usage hit a record, why did store revenue barely move?

Because the additional hours are going into free apps, and Meta has published both halves of that trade. At GDC in March 2025 the company said Quest customers spent 30% more monthly time in VR in 2024 than the year before, and that total payments on the platform were up about 12%. Those two figures do not describe a healthy platform; they describe a diluting one.

The mechanism is not mysterious. Meta stated in February 2025 that over 70% of time spent on Quest is in free-to-play apps, a figure its director of games repeated on stage at GDC three weeks later. Meta has not restated it since, so treat it as a 2025 reading rather than a 2026 one — nothing in the 2026 disclosures suggests it moved back. Quest’s biggest game is Gorilla Tag: free, monetised entirely through cosmetic in-app purchases, past $100 million in gross revenue by June 2024, with 10 million lifetime players, 3 million monthly and 1 million daily, and an average session near 60 minutes. In March 2025 Animal Company — also free, also cosmetics-only — passed a million monthly users and took the top-grossing slot on Quest for a week, having quadrupled its audience since December 2024.

The 2025 disclosures sharpen it. Meta says in-app purchases grew over 10%, the number of apps clearing $500,000 in IAP rose 20%, subscription revenue grew double digits — and total store gross grew about 1%. Those cannot all be true and leave premium sales flat.

Who actually earns money making VR games?

Roughly a hundred titles a year, out of a store catalogue in the thousands. Meta told GDC 2026 that over 100 titles generated more than $1 million in gross revenue on the Horizon Store during 2025. That is the clearest public measure of the VR content economy’s width, and it has not moved much: at GDC 2022 Meta said 124 apps had earned $1 million or more in lifetime revenue and eight had passed $20 million.

Both columns are Meta’s own statements to developers, from the GDC 2025 audience-insights post (19 March 2025) and the GDC 2026 State of VR post (March 2026), as reported by UploadVR and Road to VR. They are not directly comparable line by line: the 2024 growth figure is described as payments to developers and the 2025 figure as Horizon Store revenue, and Meta changed which metrics it disclosed between years. Meta publishes no absolute user count, no MAU and no retention percentage; every “record” here is a relative claim we cannot independently size. Also note 2024 was a headset launch year (Quest 3S, October 2024) and 2025 was not, which Meta offers as the explanation for the flat comparison.

How dependent is VR on one company?

Almost entirely. Meta was 63.65% of every VR headset connected to Steam in April 2026 — on a platform Meta does not own and did not build for. Concentration on Meta’s own store is definitionally total; the interesting measurement is the one taken somewhere else.

Shares are of VR headsets connected to Steam, not of all Steam users — a different and much smaller denominator. Figures as reported from Valve’s monthly Hardware Survey by The FPS Review (April 2026) and Tech Insider (June 2026); the combined 63.65% is a 16Best sum of the three Meta rows and matches the “more than 63%” reported at the time. Road to VR, which corrects the survey for Steam’s changing population, put Meta at about 70% of monthly-connected headsets in March 2025. Steam’s survey is volatile by construction: UploadVR showed the VR share halving to 1.05% in February 2026 purely because Chinese users, who use PC VR far less, rose to 54.60% of the surveyed population during Chinese New Year. It recovered when the mix did.

Outside Steam the picture is the same shape. IDC put Meta at 60.6% of the combined AR/VR headset and display-less smart glasses segment in Q2 2025, with Xiaomi second at 7.7% — a broader scope than VR headsets alone, and the vendor-share figure IDC published openly. Sony’s alternative went nowhere: Bloomberg reported on 18 March 2024 that Sony had paused PSVR2 manufacturing to clear unsold stock after producing well over two million units. Against the 59.2 million PS5 consoles shipped through 31 March 2024, that is an attach rate of at most 3.4%, and “produced” is not “sold” — the production halt existed because the units were not selling, so the real attach rate is lower (16Best analysis of Bloomberg reporting and Sony IR data via our console market share page). Sony has published no PSVR2 figure since.

Do the VR forecasts survive contact with the data?

The specialist one does, after it cut itself by 43%. The market-sizing ones do not survive their own arithmetic. One section on forecasts, because forecasts are the least interesting thing about this market.

Omdia is the honest case. In December 2023 it projected consumer VR content revenue reaching $2.3 billion by 2028. Twelve months later, the same analyst published $1.3 billion by 2029 — 43% lower and a year later. Getting from $904 million in 2024 to $1.3 billion in 2029 needs a 7.5% compound rate, and the last observed year delivered 7.1% (16Best analysis). That is a forecast that assumes the present continues, which is the only kind worth much here.

Rows are not additive and not comparable — that is the table’s job. Omdia measures consumer spending on VR content only, excluding hardware, enterprise and AR. IDC’s figure covers apps and services across AR and VR and all sectors, and IDC itself notes that industry verticals such as engineering, healthcare, manufacturing and retail account for over half of AR/VR solution spending. Grand View and Mordor are top-down market-sizing models that bundle headset hardware into “VR gaming”. The two Omdia rates in the final column are 16Best calculations from that firm’s own endpoints; the Grand View and Mordor rates are the CAGRs those firms publish themselves, which differ slightly from a straight endpoint calculation because their stated growth windows start in 2025.

Why do VR gaming statistics disagree so much?

Because six different things get published under one label, and the gap between the largest and smallest reading of “the VR gaming market” in 2024 is roughly 36-fold. This section is the finding, not the housekeeping.

• Shipments, sales, installed base and active users are four different numbers. Shipments include units sitting in a warehouse — the reason Sony could have produced over two million PSVR2s while pausing the line for unsold stock. Sell-through is what consumers bought. Installed base is everything ever sold. Active base is what is switched on, and it is the only one that buys software. In 2024 the gap between them was large enough that 6.9 million units sold coincided with a 1.7 million fall in active headsets. Any sentence pairing a cumulative sales figure with a revenue figure is comparing a decade of hardware against one year of software.
• VR gaming is not XR, and XR is mostly not gaming any more. This is the single biggest inflator of headline figures. IDC’s ~$12 billion for 2025 covers AR and VR, apps and services, across every sector, with industry verticals over half of it. IDC also forecast the combined AR/VR headset and smart-glasses category growing 39.2% in 2025 to 14.3 million units — on the strength of display-less smart glasses, which it expected to grow 247.5% in a year while Quest shipments fell 16%. A number that grew 39% and a number that shrank sit inside the same press release, and both get quoted as “the VR market”.
• Hardware and software get bundled into one “market size”. Grand View and Mordor both count headsets inside “VR in gaming”, which is how a category whose software grossed under a billion dollars gets sized in the tens of billions. Omdia keeps content separate, which is why its number looks small and is the one we build on.
• Standalone, PC-tethered and console VR are counted differently. Steam’s Hardware Survey sees a Quest connected by Link cable as a PC VR headset; Meta’s store sees the same device as standalone. The same physical headset appears in both datasets, and its owner may buy software in either place or both.
• Platform figures versus third-party estimates. Meta publishes relative claims — “record users”, “up 12%”, “over 100 titles” — and almost no absolutes. It has never published MAU, a retention percentage, or a headset sales total since the internal ~20 million figure that leaked in 2023. Third parties model the rest. When you see a precise VR retention statistic quoted anywhere, check whether anyone actually measured it; on our reading of the public record, nobody has published one.
• Survey denominators move. Valve’s Hardware Survey is a share of whoever it sampled that month. VR usage appeared to halve to 1.05% in February 2026 for no reason other than Chinese users rising to 54.60% of the sample over Chinese New Year. Percent-of-Steam-users and percent-of-connected-headsets are also different metrics and are routinely swapped.
• Fiscal years and disclosure vintages. Sony reports to 31 March, Meta to 31 December, Omdia publishes in December for the year then ending. Our PSVR2 attach-rate calculation deliberately uses PS5 shipments through 31 March 2024 against a March 2024 production figure rather than the current 93.7 million PS5 total, because the later denominator would understate the attach rate.

Our house basis for this page: Omdia’s consumer VR series for market-level figures because it separates content from hardware and holds its definitions steady across years; Meta’s own developer statements for platform figures, always labelled as the platform’s own claim; IDC for shipments; and every ratio computed with numerator and denominator from the same year wherever the data allows, with the exceptions flagged in the table notes. For the platform comparison that frames all of this, see our console market share and Steam statistics analyses.

Key takeaways

• The active base is the number that matters, and it fell. 23.6 million active headsets in 2023, 21.9 million in 2024 — a 7.2% decline in a year that sold 6.9 million headsets. Roughly 6.5 to 8.6 million headsets left active use, 28% to 36% of the opening base (16Best analysis of Omdia data).
• Growth is coming from survivors, not newcomers. Content spend per active headset rose 15.4% in 2024, to $41.28, while total content spend rose only 7.1%. Most of that per-headset gain is a shrinking denominator.
• An active VR headset is worth less than an average human who plays games. $41.28 against $54.72 in 2024. On premium platforms, buying the hardware filters for people who spend. In VR that filter barely works.
• Usage is genuinely at a record and it does not convert. Quest time in VR rose 30% in 2024 while payments rose 12%, so spend per hour fell at least 13.8%. In 2025 unique users hit an all-time high and store revenue grew about 1%.
• The free tier ate the platform. Over 70% of Quest time sits in free-to-play apps, and the top-grossing game — Gorilla Tag, past $100 million by June 2024 — is free, cosmetics-only, and reached roughly one in seven of the world’s active headsets.
• Paid VR games probably shrank in 2025. With IAP up 10%, subscriptions up double digits and the total up about 1%, the premium line implies a fall of roughly 3% to 6% — conditional on an IAP share Meta does not publish (16Best analysis).
• One vendor is the market. Meta held 63.65% of Steam-connected headsets in April 2026 and 60.6% of IDC’s combined AR/VR headset and smart-glasses segment in Q2 2025. The 2020 Quest 2 gained share on Steam through mid-2026 while the Quest 3 lost it — a base that is not refreshing.
• Most published VR market sizes are measuring something else. Grand View’s $32.5 billion for 2024 implies a $2,590 average headset price against Omdia’s 6.9 million units. IDC’s ~$12 billion includes AR, services and enterprise, over half of it industry verticals. Omdia measured $904 million of consumer VR content.
• So the spine, proven: VR’s constraint was never how many headsets shipped. It is what a headset does after the sale — and the data says the ones still switched on are playing more and paying less, while the rest quietly leave. A platform can hit record engagement and record users and still have a software market that grew 1%, because the growth arrived in apps that do not charge admission.

Frequently asked questions

How many VR headsets are actually being used in 2026?

The most recent published figure is Omdia's, which put the global consumer VR active installed base at 21.9 million headsets in 2024, down about 8% from 23.6 million in 2023. That is headsets in active use, not headsets ever sold. Cumulative sales are much larger: Meta's VP of VR told employees in early 2023 that the company had sold nearly 20 million Quest headsets by itself, and roughly 6.9 million more headsets were sold industry-wide in 2024 alone. The gap between those two kinds of number is the most misread statistic in VR.

How much money do people spend on VR games?

About $904 million worldwide in 2024, up from $844 million in 2023, according to Omdia's consumer VR content forecast. Spread across 21.9 million active headsets that works out at $41.28 per headset per year, or roughly $3.44 a month. For scale, Omdia put console content spend at $37.4 billion in the same year, about 41 times the entire VR content market, and VR content came to about 0.48% of the $187.7 billion global games market Newzoo measured for 2024.

Is VR gaming growing or dying in 2026?

Neither, on the current evidence. Content spending grew 7.1% in 2024 and Meta reported its Horizon Store revenue up about 1% in 2025 alongside an all-time high in unique users, so the software market is not collapsing. But headset sales fell from 10.1 million units in 2022 to 6.9 million in 2024, a compound decline of 17.3% a year, and the active installed base shrank 8% in 2024. The accurate description is a small, roughly flat software market attached to a contracting hardware category, with the money increasingly concentrated among users who stay rather than spread across new ones.

How many VR games make real money?

Meta told GDC 2026 that over 100 titles grossed more than $1 million on the Meta Horizon Store during 2025. At GDC 2022 it said 124 apps had passed $1 million in lifetime revenue and eight had passed $20 million. Those hundred-odd titles account for at least $100 million of gross revenue, which is more than a tenth of the roughly $904 million spent on VR content worldwide in 2024, from a store catalogue running to thousands of entries. Concentration is the norm: Quest's highest-grossing game, Gorilla Tag, is free to play and had passed $100 million in gross revenue by June 2024.

What percentage of Steam users have a VR headset?

Around 2% of surveyed Steam systems reported a VR headset in January 2026, and Omdia cited 1.5% in December 2024. The metric is volatile because Valve's Hardware Survey measures whoever it sampled that month: the VR share appeared to halve to 1.05% in February 2026 purely because Chinese users, who use PC VR far less, rose to 54.60% of the sample during Chinese New Year. Among Steam users who do connect a headset, Meta devices held 63.65% in April 2026, split across Quest 3 at 28.58%, Quest 2 at 22.09% and Quest 3S at 12.98%.

What is the PSVR2 attach rate on PS5?

At most about 3.4%, and almost certainly lower. Bloomberg reported on 18 March 2024 that Sony had paused PSVR2 manufacturing to clear a backlog of unsold units after producing well over two million. Against the 59.2 million PS5 consoles Sony had shipped through 31 March 2024, that is a ceiling of 3.4%, and units produced are not units sold, which is precisely why the production line stopped. Sony has published no PSVR2 sales or shipment figure since, and IDC's tracking put 2023 shipments at roughly 1.7 million.

Why do VR market size figures vary so much between sources?

Six reasons, and together they produce a roughly 36-fold spread for 2024. Shipments, consumer sales, cumulative installed base and active users are four different numbers and get used interchangeably. VR gaming gets merged with AR, enterprise and services into XR totals, as in IDC's roughly $12 billion figure for 2025 where industry verticals account for over half. Headset hardware gets bundled into software market sizes, which is how Grand View reaches $32.5 billion for 2024 against Omdia's $904 million of measured content spend. Standalone, PC-tethered and console VR are counted differently, and the same Quest can appear in both Meta's store data and Steam's survey. Platform holders publish relative claims rather than absolutes. And survey denominators move month to month.

Sources

• Omdia — Reality check for VR: Omdia forecasts decline as Apple’s entry fails to galvanize market (George Jijiashvili, 20 December 2024; $904M VR content spend 2024, headset sales 6.9M in 2024 vs 7.7M in 2023, active base 21.9M down 8%, console content spend $37.4B, Steam VR at 1.5%). Also syndicated by Game Developer.
• Omdia — VR industry braces for setback: Omdia forecasts declining sales until 2026 (20 December 2023; 2022 sales 10.1M, 2023 sales 7.7M, 2023 content revenue $844M, 2023 active installed base 23.6M, and the superseded $2.3B-by-2028 content forecast)
• Meta Horizon OS Developers — The State of VR at GDC 2026: Building a Sustainable Future (March 2026; all-time high unique users in 2025, store revenue up ~1%, IAP up over 10%, apps above $500k IAP up 20%, over 100 titles above $1M gross, Horizon+ past 1M subscribers and nearly $20M in developer payouts, 140+ titles via Oculus Publishing)
• UploadVR — Quest Users Hit Record High In 2025 & More Than 100 Apps Made Over $1 Million (David Heaney, 17 March 2026) and Road to VR — Quest Reached Record Number of Users in 2025 (Scott Hayden, 16 March 2026; premium sales still the largest driver, 70%+ of time in free-to-play)
• Meta Horizon OS Developers — The Past, Present, and Future of Developing VR and MR with Meta (19 March 2025; over $2 billion spent to date, payments up ~12% in 2024, 30% more monthly time in VR in 2024, 100+ Publishing titles shipped). Reported with additional detail by UploadVR (70% of time in free-to-play apps).
• Road to VR — Meta’s Latest Quest Store Revenue Figure Signals a Steady but Stagnant Marketplace (2025; the $2B figure repeated 18 months on, no $3B milestone announced) and Quest Store Revenue Reaches $2 Billion (Connect, September 2023)
• TechCrunch — Meta’s Quest Store hits $1.5 billion in total revenue to date (11 October 2022) and Road to VR — Quest Store Surpasses $1.5 Billion in Content Revenue (the February 2022 $1 billion milestone)
• Road to VR — Meta: 124 Quest Apps Have Earned More Than $1M, 8 Have Earned More Than $20M (11 April 2022, from GDC 2022)
• Road to VR — Gorilla Tag Has Topped $100M in Revenue (18 June 2024; 10M lifetime players, 3M monthly, 1M daily, ~60-minute sessions) and Animal Company Breaks 1 Million Monthly Users (6 March 2025)
• Road to VR / Wall Street Journal — Beat Saber Reportedly Generated Over a Quarter Billion Dollars in Lifetime Sales ($255 million lifetime across Quest, PSVR and SteamVR as of October 2022, per documents reported by the WSJ; used as the paid-leader comparison for Gorilla Tag’s free-to-play $100M)
• Circana / Entertainment Software Association — 2025 U.S. Consumer Spending on Video Games Reaches $60.7 Billion (US hardware, content and accessories, up 1.4% on 2024 — the scope behind the ~1% industry figure Meta cited)
• Forbes — Meta Quest Series Future Looks Bleaker As Shipments Decline (Andrew Williams, 5 January 2026; IDC data — 1.7M Quest shipped in the first three quarters of 2025, down 16%; ~4,500 Vision Pro units in Q4 2025)
• IDC via TelecomLead — Global AR/VR and smart glasses shipments to surge 39% in 2025 (17 September 2025; 14.3M units forecast, app and services spending near $12 billion in 2025 at +19.7%, Meta 60.6% vendor share in Q2 2025)
• Road to VR — Despite Years of Reports to the Contrary, PC VR Just Won’t Die (18 March 2025; Meta at ~70% of monthly-connected headsets on Steam) and Meta Has Sold Nearly 20 Million Quest Headsets, But Retention Struggles Remain (1 March 2023)
• The FPS Review — Trends from the April 2026 Steam Hardware Survey (2 May 2026; Quest 3 28.58%, Quest 2 22.09%, Quest 3S 12.98%, Valve Index 11.77%) and UploadVR — SteamVR Usage Significantly Fell In February (11 March 2026; the Chinese New Year sampling artefact, 1.05% and 54.60%)
• Bloomberg — Sony Hits Pause on PSVR2 Production as Unsold Inventory Piles Up (18 March 2024; well over two million units produced) and PlayStation VR2 (IDC quarterly shipment estimates totalling 1,699,600 units in 2023)
• Grand View Research — Virtual Reality In Gaming Market Report, 2025–2030 ($32.5B in 2024, $52.4B in 2026, $109.6B by 2030 at 21.6% CAGR, hardware over 55% of 2024) and Mordor Intelligence — VR in Gaming Market Size ($35.47B in 2025, $41.18B in 2026, $88.74B by 2031 at 16.6% CAGR)
• Newzoo global figures and Valve’s GDC 2026 disclosure as carried on our own video game industry statistics, console market share, Steam statistics and indie game statistics pages ($187.7B and 3.43B players in 2024; PS5 fiscal-year shipments; 5,863 Steam games above $100,000 in 2025)