Meta Connect 2022, Meta announced that the amount of VR content sold by the Quest Store since its launch in 2019 has exceeded US$1.5 billion, indicating that the current content sales growth continues but the slowdown in growth may be mainly affected by the market seasonality.
Although Meta has not announced the official sales of Quest headsets, during Meta Connect during 2022, Meta confirmed that Quest Store sales have exceeded US$1.5 billion since the launch of the Quest platform in 2019. The milestone of
shows that Quest platform revenue is continuing to grow; since Meta shared the previous milestone in February 2022, the average monthly Quest Store sales have increased from $50.6 million to nearly $60 million.
However, it is worth noting that although the revenue growth of Quest platform continues, the growth rate has slowed down. This result is also expected considering the seasonal factors of the gaming industry, and history proves that the industry tends to increase significantly in the fourth quarter.
Additionally, we need to look at the activity of the Quest Store during the fourth quarter and during the holidays before we can determine whether this slowdown in growth comes from the market seasonal or broader impact. Of course, the recent rise in Quest 2 price is also an obvious variable that needs to be considered.
While Meta does not provide any details about the $1.5 billion sales of the Quest Store, we believe this includes games, apps, DLCs and subscriptions sold through the official Quest Store and App Lab, and may also include cross-buying games on the Oculus PC platform.
It is worth mentioning that Meta has not officially confirmed the number of headsets sold, but Qualcomm (a supplier of key components of Quest headsets) estimates that by the end of 2021, this number will be around 10 million units.
Source: RoadtoVR
"93913 original content, please indicate the source when reprinting"
