IDC expects Meta to lose its VR dominance

IDC predicts Meta will lose its dominant marketshare in the VR market in the coming years.

The VR industry is growing rapidly. During Q1 2022, global VR headset shipments increased 241.6 percent compared to the same period last year.

Meta continues to dominate the market amid the success of its Quest 2 headset. According to IDC, Meta has now captured 90 percent of the market.

According to IDC, the biggest rival to Meta currently is ByteDance’s Pico; despite...

6 July 2022 | Consumer IoT & Wearables

IDC predicts a return to chip supply normality by mid-2022

A research note from IDC suggests the ongoing chip shortage will normalise by the middle of next year.

Semiconductors are in short supply primarily due to pandemic-related supply chain issues, trade sanctions, and strong demand.

IoT devices continue to proliferate rapidly, connected vehicles are increasingly desirable, 5G-capable smartphones are in-demand, and stock of those newfangled games consoles are flying out before they even reach shelves. Combined with the global...

20 September 2021 | Consumer IoT & Wearables