{"id":45814,"date":"2025-02-27T20:02:10","date_gmt":"2025-02-27T20:02:10","guid":{"rendered":"https:\/\/casinoapps.com\/?p=45814"},"modified":"2025-02-27T20:02:10","modified_gmt":"2025-02-27T20:02:10","slug":"vr-ar-gaming-investment-plummets-55-7-in-2024-amid-industry-struggles","status":"publish","type":"post","link":"https:\/\/casinoapps.com\/2025\/02\/27\/vr-ar-gaming-investment-plummets-55-7-in-2024-amid-industry-struggles\/","title":{"rendered":"VR\/AR Gaming Investment Plummets 55.7% in 2024 Amid Industry Struggles"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">VR\/AR hasn\u2019t been the buzzword in the gaming industry for some time, but the situation keeps getting grim for the industry. The VR\/AR segment of the gaming industry witnessed another <\/span><span data-preserver-spaces=\"true\">huge<\/span><span data-preserver-spaces=\"true\"> reduction in investments in 2024. According to the numbers presented by CasinoApps.com, investments in AR\/VR gaming declined by 55.7% on a YoY basis in 2024.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Gaming companies invested only $88.7m in VR\/AR gaming in 2024<\/span><\/h2>\n<img decoding=\"async\" class=\" wp-image-45815 aligncenter\" title=\"VR\/AR investment\" src=\"https:\/\/casinoapps.com\/wp-content\/uploads\/2025\/02\/euro-prize-money-21.jpg\" alt=\"\" width=\"637\" height=\"567\" srcset=\"https:\/\/casinoapps.com\/wp-content\/uploads\/2025\/02\/euro-prize-money-21.jpg 700w, https:\/\/casinoapps.com\/wp-content\/uploads\/2025\/02\/euro-prize-money-21-300x267.jpg 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/>\n<p><span data-preserver-spaces=\"true\">It wasn\u2019t long ago that PlayStation VR and Meta Quest were considered the future of gaming. However, the hype around VR gaming seemed to have waned off in the last few years.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to the recent report on gaming investments available on Statista, investments in VR\/AR continued to decline sharply in 2024. Last year was the third consecutive year, which saw a decline in investments. As per the report, the investments in 2024 stood at just 88.7m. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> came following a 55.7% decline from $198.7 million in 2023. The decline in 2023 (from 2022) was even more stark as the investments declined from $618.8m to $198.7m, indicating a 68% decline.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As the past data indicate, <\/span><span data-preserver-spaces=\"true\">investments in<\/span><span data-preserver-spaces=\"true\"> VR\/AR gaming witnessed a <\/span><span data-preserver-spaces=\"true\">rather<\/span><span data-preserver-spaces=\"true\"> consistent growth from 2013 to 2021.<\/span> <span data-preserver-spaces=\"true\">The industry <\/span><span data-preserver-spaces=\"true\">witnessed<\/span><span data-preserver-spaces=\"true\"> its peak<\/span><span data-preserver-spaces=\"true\"> in 2021 when an estimated <\/span><span data-preserver-spaces=\"true\">total of<\/span><span data-preserver-spaces=\"true\"> $765 million was invested in the segment.<\/span><span data-preserver-spaces=\"true\"> However, the future of VR\/AR gaming has taken <\/span><span data-preserver-spaces=\"true\">a huge<\/span><span data-preserver-spaces=\"true\"> hit since then. The reasons behind the <\/span><span data-preserver-spaces=\"true\">huge<\/span><span data-preserver-spaces=\"true\"> decline in the annual investments from $765m in 2021 to $88.7 within <\/span><span data-preserver-spaces=\"true\">a span of<\/span><span data-preserver-spaces=\"true\"> three years are multifold.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Firstly, the investments in AR\/VR are reeling from a post-COVID effect wherein the entire gaming industry witnessed a <\/span><span data-preserver-spaces=\"true\">huge<\/span><span data-preserver-spaces=\"true\"> increase in earnings, <\/span><span data-preserver-spaces=\"true\">investments<\/span><span data-preserver-spaces=\"true\">, etc. Secondly, the higher price point of the latest generation of VR headsets, such as Quest 2 and Apple\u2019s Vision Pro, has made VR\/AR gaming inaccessible for <\/span><span data-preserver-spaces=\"true\">a lot of<\/span><span data-preserver-spaces=\"true\"> gamers. Thirdly, a lack of games and other compelling content has also proved to be a barrier.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, the hope is that the market will rebound <\/span><span data-preserver-spaces=\"true\">in the future<\/span><span data-preserver-spaces=\"true\"> with the advancement in technology and the emergence of new categories such as mixed reality (MR) and extended reality (ER).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>VR\/AR hasn\u2019t been the buzzword in the gaming industry for some time, but the situation keeps getting grim for the industry. The VR\/AR segment of the gaming industry witnessed another huge reduction in investments in 2024. According to the numbers presented by CasinoApps.com, investments in AR\/VR gaming declined by 55.7% on a YoY basis in &hellip; <\/p>\n","protected":false},"author":278,"featured_media":45816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-45814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>VR\/AR Gaming Investment Plummets 55.7% in 2024 Amid Industry Struggles - Latest Casino Apps &amp; Other Apps News - Casinoapps.com<\/title>\n<meta name=\"description\" content=\"VR\/AR hasn\u2019t been the buzzword in the gaming industry for some time, but the situation keeps getting grim for the industry. The VR\/AR segment of the gaming industry witnessed another huge reduction in investments in 2024. According to the numbers presented by CasinoApps.com, investments in AR\/VR gaming declined by 55.7% on a YoY basis in &hellip;\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/casinoapps.com\/2025\/02\/27\/vr-ar-gaming-investment-plummets-55-7-in-2024-amid-industry-struggles\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VR\/AR Gaming Investment Plummets 55.7% in 2024 Amid Industry Struggles - Latest Casino Apps &amp; Other Apps News - Casinoapps.com\" \/>\n<meta property=\"og:description\" content=\"VR\/AR hasn\u2019t been the buzzword in the gaming industry for some time, but the situation keeps getting grim for the industry. The VR\/AR segment of the gaming industry witnessed another huge reduction in investments in 2024. 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