Surely the recent price hike of Quest 2 is a notable variable that needs to be considered. We’ll need to see how much activity the Quest store earns over the course of Q4 and the holidays before we can be certain that this apparent deceleration is seasonal or a more broad effect. This, however, is to be expected considering the seasonality of the gaming industry which tends to ramp up considerably in Q4 (and this figure from Meta is only at the very beginning of Q4). Though the platform continues to grow, the growth itself has decelerated somewhat. This milestone shows the Quest platform continuing to grow in revenue the average monthly store revenue has increased from $50.6 million to nearly $60 million since the last milestone the company shared in February 2022. Though Meta has still yet to share official unit sales for its Quest headsets, at Connect 2022 this month the company confirmed that the Quest store has surpassed $1.5 billion in purchased software since the platform launched in 2019. The article previously covered the $1 billion milestone.
MLB POWER PROS WII GAME UPDATE
Update (October 18th, 2022): Article updated with the latest Quest platform revenue milestone from Meta of $1.5 billion. At Connect 2022 this month, Meta announced the Quest content store has surpassed $1.5 billion in purchased VR content since its launch in 2019, representing continued but decelerating growth likely due mostly to market seasonality.
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