The Year in Virtual Reality

In 2016, the VR market saw the launch of three major headsets: Oculus Rift, HTC Vive, and Sony PlayStation VR. Oculus Rift, priced at $600, required a powerful PC, while HTC Vive, at $800, partnered with Valve for a strong software lineup. Sony's PlayStation VR offered a more affordable option at $400, compatible with the PS4. Despite these launches, VR struggled with market demand and lacked a breakout hit. Projections for VR sales were optimistic, with expectations to reach $4.8 billion in 2017. The industry continues to explore compelling experiences to drive consumer interest.

What advantage did Sony's PlayStation VR have over its competitors?

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What is the main challenge facing the VR industry as mentioned in the text?

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