Sony Interactive President on Debut of PlayStation VR

Sony's gaming division has launched its VR kit, aiming to bring PlayStation VR technology to the market. The launch includes a variety of games, with expectations of 50 titles by the end of 2016. Sony is exploring VR's potential beyond gaming, with interest from industries like entertainment and education. The VR market is seen as a broad opportunity, with Sony leveraging its existing PlayStation 4 user base. Development challenges include creating a new narrative structure for VR. The price point is set at $499, with a focus on appealing to a wide range of users.

How does Sony plan to attract consumers to purchase the PS VR hardware?

What is the expected market size for virtual reality according to the discussion?

What types of games does Sony believe will perform well in the VR market?