According to CCS Insight, HTC is expected to exit the virtual reality (VR) industry by 2026 and transfer its intellectual property rights to other large companies. This forecast is based on the background that HTC is gradually losing market share amid declining revenue and fierce competition.
According to Ben Wood, chief analyst at CCS Insight Wood’s point of view, although HTC was a pioneer in the field of VR and has done a lot of work in this field, the situation has become quite difficult due to fierce market competition. Our Quest series has been driving market adoption with a very aggressive pricing strategy, barely above cost. Wood believes that while Apple's entry into the VR market may bring some opportunities and reignite interest in the product category, it will ultimately be difficult for HTC to gain a foothold in the competition. Therefore, CCS Insight predicts that HTC will exit the market in 2026 and sell its intellectual property to other large companies.
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