Reported price of leading consumer virtual reality (VR) headsets in 2019, by device

From data released in 2019, the Valve Index had the highest reported cost among the leading virtual reality (VR) headsets with a price tag of 999 U.S. dollars. The lowest priced device among the models selected was the Oculus Go, coming in at a reported price of 249 U.S. dollars.

Virtual Reality (VR)

Virtual reality (VR) is a simulated experience that can be similar to or completely different from the real world. VR aims to create a sensory experience for the user, sometimes including sight, touch, hearing, smell, or even taste. The VR industry as a whole is growing at a fast pace, with the market size of consumer virtual reality hardware and software projected to increase from 6.2 billion U.S. dollars in 2019 to more than 16 billion U.S. dollars by 2022.

VR consumption

VR gaming and VR video make up the largest consumer use cases for VR technology, with 20.8 billion U.S. dollars expected to be spent in 2023 on these areas alone. However, experts have suggested that the benefits of VR will have an impact on the business and industry world as well, with improvements to efficiency a real possibility. As a result, by 2023, it is expected that industrial usage will be three times larger than that of consumers.