IDC: ByteDance's Pico more than tripled its share of the global VR market YoY to ~15% by Q3 2022 while Meta's share fell from 90% to ~75% in the same period
Pico's virtual-reality headset shipments have jumped in the last two years, turning it into a small but fast rising No. 2 to Meta in the global market https://www.wsj.com/...
'Pico doesn't offer the range of games he can access with his Quest, he said, and the games he has purchased don't transfer to Pico. “I don't really want to throw away a ton of money on apps that I already own,” he said' https://twitter.com/...
WSJ claims that Pico holds a 15% market share in VR. and that Meta dropped from 90% to 75%. This does not seem accurate at all. https://www.wsj.com/...
@FbBagholder I heard from friends in China that ByteDance founder, Zhang Yiming, is quite a fan of Zuck and apparently believes in Zuck's vision for VR/AR.
ByteDance, the owner of TikTok, is starting to snare market share in the VR headset space. Meta's market share dropped from 90% to ~75% in Q3 2022. https://www.wsj.com/... https://twitter.com/...