#VR market decline

A recent survey by the Game Developer Collective paints a challenging picture for the virtual reality (VR) gaming market, with over half of developers believing it is either declining or stagnant. The study, which gathered opinions from professionals across the industry, revealed that 56% of respondents view the VR market as "currently declining or stagnating." Specifically, 38% believe it’s stagnating, while 18% see a noticeable decline. Only 23% of those surveyed think the market is experiencing moderate growth. For instance, the PlayStation VR2 launched at $550, a price point that has made it less accessible to the mass market. A notable 88% of respondents believe that the limited market size and audience reach are the VR industry’s biggest challenges. An overwhelming 72% of respondents felt that the Vision Pro’s release was not a significant moment for the VR market, and they do not believe it will have a lasting impact on the future of VR gaming. As it stands, while some developers are cautiously optimistic, the majority see the VR market as struggling to gain momentum, weighed down by pricing, technical challenges, and market limitations. One device pushed us to track the whole market: the AYN Odin 3 Pro landed locally at ₱26,995 with a Snapdragon 8 Elite chip, a price that sits right between budget Android units and premium Windows handhelds. Read more in our articles including "Survey Reveals Over Half of Game Developers See VR Market Declining or Stagnant" and "Gaming Handheld Price List in the Philippines (2026)".