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IDC: VR and AR headset shipments to reach 100M units by 2021, up 10X the 10M shipped in 2016

Anne Dujmovic / CNET :

CNET Anne Dujmovic

Context & Ripple Effects

IDC's 2021 call for 100M annual VR/AR headset shipments was the high-water mark of the 2016 hype cycle, when Strategy Analytics projected 12.8M units sold for $895M with 87% of them cheap smartphone-based viewers. The forecast assumed those phone-tethered devices would keep compounding tenfold.

The shipment data that followed broke the curve almost immediately: IDC's own Q1 2018 tally showed shipments down 30.5% YoY, largely because vendors stopped bundling free headsets with smartphones, and full-year 2022 closed at just 9.6M units per CCS Insight — an order of magnitude below the 100M trajectory.

First-order effects

Second-order effects

  • The collapse of bundled screenless viewers, which fell from 1M to 409K in a single year per IDC's Q2 2018 data, forced the category's economics onto standalone headsets, where Oculus alone reached an estimated 5.3M–6.8M units sold in 2021.

Third-order effects

  • If the pattern holds, analyst forecasts for nascent hardware categories get discounted accordingly: the gap between the 100M projection and actual single-digit-million shipments became a standing cautionary benchmark for how smartphone-accessory demand fails to predict dedicated-device demand.

The trend: VR hardware adoption has grown an order of magnitude slower than 2016-era forecasts projected, with each subsequent shipment report forcing analysts to reset expectations around standalone headsets rather than phone-based viewers.