Sony Drops PSVR2 Price: Revitalizing the Platform or Clearing Unsold Inventory?

The PlayStation VR2 Price Cut: A Sign of Revitalization or Desperation?

The PlayStation VR2, Sony’s latest foray into the world of virtual reality, has been struggling to gain traction since its launch in early 2023. Despite its impressive specs and exclusive games, the headset has suffered from weak software support and a lack of backward compatibility with PSVR1 games. Now, in an effort to revitalize the platform or clear unsold inventory, Sony has announced a significant price cut for the PSVR2.

Starting in March, the main SKU of the headset will drop from $550 to $400 in the US, with similar price cuts in Europe, the UK, and Japan. The bundle that includes the game Horizon: Call of the Mountain will also drop to the same price, which is welcome news for fans of the game. However, it’s hard not to interpret this move as an attempt to empty inventory rather than a genuine effort to revitalize the platform.

The PSVR2’s struggles are not surprising, given the current state of the VR market. The market has slowed down significantly in recent years, with most of the remaining action happening on Meta’s Quest platform. The PC rollout of the PSVR2, which allowed users to play the headset on their computers, was a sincere effort, but it was marred by technical issues and a lack of seamless integration with PC games.

Despite its flaws, the PSVR2 is a strong product in the VR marketplace, with its gorgeous OLED display and support for features like eye tracking. However, its lack of backward compatibility and the decline of the VR market have made it difficult for the headset to secure a large enough install base to make it worth making ports for.

So, what does this price cut mean for the future of the PSVR2? Will it be enough to entice a larger-than-ever PlayStation 5 install base and some brave PC VR enthusiasts to invest in the headset? Only time will tell. As a hardware enthusiast, it’s hard not to be optimistic about the PSVR2’s potential, but the current state of the VR market makes it difficult to see a bright future for the headset.

Actionable Insights:

  • If you’re a PlayStation 5 owner or a PC VR enthusiast, the PSVR2’s price cut may be worth considering, especially if you’re interested in playing exclusive games like Horizon: Call of the Mountain.
  • However, it’s essential to weigh the pros and cons of the headset, including its lack of backward compatibility and the decline of the VR market.
  • If you’re a developer, the PSVR2’s price cut may be an opportunity to bring your titles to the platform, but it’s crucial to consider the headset’s install base and the current state of the VR market.

Summary:

The PlayStation VR2’s price cut is a mixed bag, offering both opportunities and challenges for the headset’s future. While it may be a welcome move for fans of the game Horizon: Call of the Mountain, it’s hard not to interpret this move as an attempt to empty inventory rather than a genuine effort to revitalize the platform. As the VR market continues to decline, it’s unclear whether the PSVR2 will be able to secure a large enough install base to make it worth making ports for. Only time will tell if this price cut will be enough to entice a larger-than-ever PlayStation 5 install base and some brave PC VR enthusiasts to invest in the headset.