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Research

(Source: International Data Corporation’s Quarterly Augmented and Virtual Reality Headset Tracker)

➢ Global shipments for virtual reality headsets jumped 241.6% during 1Q22 compared to 1Q21. Continued demand and easing supply helped drive the category forward.

➢ Meta captured 90% of the market with its Quest 2 device. Bytedance’s Pico earned a 4,5% share while DPVR, HTC and iQIYI rounded out the top 5 with less than 4% of the share combined.

➢ VR shipments for the year are expected to reach 13.9 million units, up 26.6%.

Up Ahead

July 24-27: NCTC and ACA Connects’ Independent Show; Orlando

August 9-11: C2HR CON 2022, Virtual

August 23: Fiber Broadband Association Copper Mountain Regional Fiber Connect; Frisco, Colorado

September 19-22: SCTE Cable-Tec Expo 2022; Philadelphia

Quotable

“The most immediate thing we can do in the plan is to cut methane emissions, leaks and wasted and flared methane, which is a productive hydrocarbon. And it’s one we’re just tossing into the air like it’s some kind of free and open sewer, If we acted on the recommendations that came out of the most recent accords, we could lower global warming by four degrees Celsius. The large oil companies have already pledged that they will put in place better and more effective caps and controls on their wells. One of the most important developments that will happen later this year is a project called Climate TRACE, where 50 nonprofits are coming together to pool in near real time their data on emissions around the world. Think of Google Earth, a kind of map that you can track the carbon, carbon emissions specifically focused on methane as a first and most potent gas.” – Kleiner Perkins Partner John Doerr on CNBC’s “Squawk Box” discussing federal opportunities to cut inflation

The Daily

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CTV Popularity Grows

With the digital wave continuing to rise, the vast majority of U.S. households are utilizing CTV devices. Leichtman Research Group found that 88% of U.S. TV households have at least one internet-connected

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