The Future of VR: Market Crisis or Potential Growth?

2023-12-23 16:25:00

It’s hard to say whether the VR market is in crisis or heading towards one, because while Meta’s Quest series seems to be having decent success, Sony doesn’t seem interested in supporting PSVR2.
For example, developer First Contact Games, which had been developing Firewall Ultra and other firewall games for PSVR2 with Sony as its publisher, has now announced that it is shutting down.exist FacebookIn a message on Facebook, the studio wrote that VR development lacked funding and therefore could not continue. This also means that Solaris: Offworld Combat 2, which launched earlier this year, is closed:

“After nearly 8 years working with the most amazing team I have had the pleasure to be a part of, I am sad to announce that we will be closing our company, First Contact Entertainment, before the end of this year. The lack of support for VR within the industry has ultimately taken its toll. As a AAA VR game developer, we cannot justify the future expenses we will require. We are a fearless, innovative team willing to push new technology to its limits. I am extremely proud of this team, And thank you to our investors, our partners and, of course, our dedicated and passionate community of players.
How do you see the future of the VR market?

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