Could Facebook Virtual Reality Spending Hit $5 Billion A Year?

Oculus Go Set To Launch In Early 2018 For $199

Facebook (NASDAQ:FB) has announced that it plans to launch a new Oculus virtual reality headset called Oculus Go which will be released in 2018.

A new version of the gaming device has just been announced at Oculus Connect held in San Jose Convention Center.

Since its official debut previous year, the Oculus Rift headset has provided users the chance to experience a new level of immersion in games, film, and elsewhere, with the headset seeing a shakeup with a new price drop in effect to make the headset more accessible than ever before.

"I believe that standalone headsets are the technological end-game for VR headsets but crucially, the quality of the experience needs to be significantly better than premium smartphone VR as its more expensive for those that already own a high-end smartphone".

Oculus has launched a standalone virtual reality headset without a hefty price tag. Price-wise, this offer from Oculus has gone down to competing with the more affordable headsets designed for Windows Mixed Reality.

The company is developing software known as Facebook Spaces that allows friends to meet in virtual rooms, and it said it will soon integrate live video. It doesn't boast full motion tracking like the Oculus Touch controllers, but instead offers basic motion tracking - and we don't think this is only to keep costs down. At a time when virtual reality is a niche pursuit, this is an interesting strategy to expand the market - but also carries the risk of splitting it up. However, this isn't any new platform because this is based on Samsung's Gear VR. "Opening up more of those experiences to more of us - that's not isolating, that's freeing". Facebook's Oculus Go headset is comparable to Samsung's Gear VR headset in terms of functionality. Here, we present the latest news and everything you need to know about the Oculus Go, including release date rumours, United Kingdom pricing, design and features. Spatial audio is built directly into the headset with the hopes of providing an immersive experience as you move around without the need for separate headphones. However, while the Gear VR is priced conveniently at $129, it still requires a smartphone for its operations. There is also a built-in display, processor, web connectivity, and speakers.

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