industry outlook

Meta’s Quest 3, released in late 2023, is a standalone VR headset with mixed reality capabilities that is roughly twice as powerful as its predecessor and features high-resolution pancake lenses plus full-color passthrough for MR. Apple’s Vision Pro, announced in mid-2023 and released in early 2024, costs about $3,500 and uses dual 4K micro-OLED displays with advanced eye- and hand-tracking and passthrough AR for spatial computing. Samsung and Google’s Project Moohan XR headset is slated for late 2025, uses Qualcomm Snapdragon XR2+ Gen 2, reportedly delivers up to 4.3K per-eye displays with pancake optics and color passthrough, and runs an