{"id":87730,"date":"2016-04-01T11:15:07","date_gmt":"2016-04-01T09:15:07","guid":{"rendered":"http:\/\/mygaming.co.za\/news\/?p=87730"},"modified":"2016-04-01T11:30:15","modified_gmt":"2016-04-01T09:30:15","slug":"oculus-creator-warns-developers-about-vr-market","status":"publish","type":"post","link":"https:\/\/mygaming.co.za\/news\/hardware\/87730-oculus-creator-warns-developers-about-vr-market","title":{"rendered":"Oculus Creator warns developers about VR market"},"content":{"rendered":"<p>Oculus Rift founder, Palmer Luckey, has urged developers to be realistic about returns from the VR market.<\/p>\n<p>Speaking to <a href=\"http:\/\/www.gamasutra.com\/view\/news\/268045\/Nows_the_time_to_get_into_VR__but_be_realistic_about_its_returns_says_Palmer_Luckey.php\" target=\"_blank\">Gamasutra<\/a>, Luckey highlighted that the VR gaming space was still in its infancy and that there was no precedent as to how the market would develop in the coming years.<\/p>\n<blockquote><p>I&#8217;d say developers should be realistic. Don&#8217;t believe the most optimistic things the analysts say. Especially when those analysts don&#8217;t actually know anything about VR.<\/p>\n<p>&nbsp;<\/p>\n<p>It&#8217;s going to take time for virtual reality to become truly mass market and successful, so people should scale their efforts appropriately. Don&#8217;t go out and say, &#8220;Hey, we&#8217;ve got to get into VR. There&#8217;s going to be a hundred billion dollars in revenue by the end of 2018. If we can capture just 1 percent of that then we&#8217;re going to be a billion dollar company.&#8221; It&#8217;s not quite going to work like that, is my guess.<\/p><\/blockquote>\n<p>When asked when he thought the market was most likely to take off, Luckey was hesitant, stating that the answer relied on what was defined as &#8220;mass market&#8221; and that VR products wouldn&#8217;t necessarily have to reach a large market in order to be considered &#8220;a success&#8221;.<\/p>\n<h3 class=\"my-4\">More gaming news<\/h3>\n<p><strong><a title=\"Permalink to Ashes of the Singularity released on Steam\" href=\"http:\/\/mygaming.co.za\/news\/pc\/87816-ashes-of-the-singularity-released-on-steam.html\" rel=\"bookmark\">Ashes of the Singularity released on Steam<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Every Xbox One can now make games\" href=\"http:\/\/mygaming.co.za\/news\/xbox\/87666-every-xbox-one-can-now-make-games.html\" rel=\"bookmark\">Every Xbox One can now make games<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to PS4K might have twice the graphical power of current system\" href=\"http:\/\/mygaming.co.za\/news\/ps4\/87706-ps4k-might-have-twice-the-graphical-power-of-current-system.html\" rel=\"bookmark\">PS4K might have twice the graphical power of current system<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oculus Rift founder, Palmer Luckey, has urged developers to be realistic about returns from the VR market.<\/p>\n","protected":false},"author":234,"featured_media":87732,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[7],"tags":[17676,13746,11736,6477],"class_list":["post-87730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hardware","tag-market","tag-oculus","tag-palmer-luckey","tag-vr"],"_links":{"self":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/87730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/users\/234"}],"replies":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/comments?post=87730"}],"version-history":[{"count":1,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/87730\/revisions"}],"predecessor-version":[{"id":87856,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/87730\/revisions\/87856"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media\/87732"}],"wp:attachment":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media?parent=87730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/categories?post=87730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/tags?post=87730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}