Oculus Quest 2 Unit Sales Rate May Be Three Times PSVR

Whereas Fb has but to disclose official unit gross sales figures for Oculus Quest 2, numerous knowledge factors the corporate has provided, together with knowledge from builders, has allowed us to hone in on an inexpensive estimate. In comparison with PSVR, one of the best promoting VR headset up to now, Quest 2 could also be promoting 3 times as quick.

Because of PlayStation VR’s main gross sales place, Sony has confidently provided up official unit gross sales figures through the years whereas different headset makers have opted to not. The final knowledge level the corporate shared is that PSVR reached 5 million unit gross sales as of January 1st, 2020. Right here’s a have a look at the figures over time:

Oculus Quest 2 Unit Gross sales Charge Might Be Three Occasions PSVR 9

Apparently, each PlayStation VR and Quest 2 have been each launched on October 13th (2016 and 2020, respectively), which supplies us a really comparable timeline as a result of it eliminates the variable of seasonal gross sales variations; if we may work out the variety of Quest 2 items offered to date, we’d be capable of get a reasonably good thought of the way it stacks up towards the gross sales charge of PSVR.

Whereas Oculus hasn’t provided up official gross sales figures for Quest 2 but, two knowledge factors may also help us attain an inexpensive estimate.

First, through the firm’s This autumn 2020 earnings name, Fb mentioned that Quest 2 was a significant driver behind the $885 million in This autumn non-advertising income (which incorporates the corporate’s merchandise Oculus and Portal). With some conservative assumptions, we beforehand estimated this might yield round 1 million Quest 2 items offered in This autumn, 2020.

Second, the builders of Rec Room, utilizing their very own inside knowledge, estimated 2–three million Quest 2 items offered in This autumn, 2020.

We’re now one other quarter (three months) past these estimates, which ranged between 1–three million items. Whereas extra Quest 2 items have certainly offered since then, gross sales within the first quarter of the yr are unlikely to have stored the identical tempo contemplating that This autumn tends to be probably the most energetic because of the vacation buying season.

With that in thoughts, we are able to cut up the distinction between the estimates (2 million), and, for the sake of being conservative, assume that Q1, 2021 noticed solely 25% of the gross sales of This autumn, 2020, leaving us with an estimate of two,500,000 Quest 2 items offered by Q1, 2021.

So how does that line up with PSVR’s recognized unit gross sales? Right here’s a glance:

Oculus Quest 2 Unit Gross sales Charge Might Be Three Occasions PSVR 10

Trying on the identical knowledge by ‘time to milestone’ provides one other tangible method of evaluating the 2:

Unit Milestone 1,000,000 2,000,000 2,500,000 Quest 2 (days to achieve) 45 90 180 PSVR (days to achieve) 137 420 549 Quest 2 gross sales charge relative to PSVR 3x four.7x three.1x

That places the general estimated charge of Quest 2 gross sales at just a little greater than 3 times the speed of PSVR when aligning launch timelines.

This all tracks with Fb’s declare that Quest 2 has outsold all prior Oculus headsets mixed, and the information displaying that Quest 2 has even develop into the preferred VR headset on Steam.

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To be clear, this isn’t an evaluation of which product is best; in actual fact that is what we’d count on to seek out—that within the 4 and a half years for the reason that launch of PSVR, VR typically has develop into extra common, has improved, costs have fallen, and content material has gotten higher, paving the best way for newer headsets to be extra profitable and widespread.

That mentioned, we’re wanting ahead to seeing how Sony’s PSVR 2 will fare with all of the developments which have been made for the reason that unique, and the way it will compete with Oculus’ Quest line.

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