The upcoming release of Meta Quest Pro 2, created alongside LG, is slated for the first half of 2025.

The technology giant is set to unveil the new Quest Pro 2 virtual reality headset, created in collaboration with South Korea’s LG, during the first half of next year. Meta The specifics of their alliance are expected to be sealed in conversations scheduled for this week, where Mark Zuckerberg, the CEO of Meta, and Jo Joo-wan, the CEO of LG Electronics, are set to meet. This discussion will focus on what features will be integrated into the premium headset and how to effectively market it. LG Electronics The partnership between Meta and LG aims to create an XR headset designed to surpass Apple's competing product, the 'Vision Pro.'

Leveraging years of expertise in hardware, LG is well-positioned to enhance the physical component of the Quest Pro 2, while Meta will focus on enriching it with their robust software capabilities. The collaboration is expected to create valuable synergies because both companies excel in their respective areas—hardware and software.

In the tech industry, Meta is often seen as having limited hardware capabilities. Despite being strong in product development and strategy, they currently do not manufacture their own devices. The 'Meta Quest 3,' which debuted last October, received feedback highlighting its uncomfortable weight, issues causing dizziness, and a lack of diverse content outside gaming.

Choosing LG as their partner aligns with the company’s strategy, as LG is exploring multiple avenues to capitalize on the burgeoning metaverse sector. Reports suggest that LG will primarily handle the hardware, while Meta will manage the software aspects. Additionally, LG’s ‘WebOS’ will likely serve as the operating system, acting as the central control system for smart technologies. AI and the Metaverse business Meta is striving to reclaim its leading position in the virtual reality space.

For the last decade, Meta has consistently launched VR and AR headsets. Their acquisition of Oculus in 2014 propelled them to capture roughly 70% of the global VR market by 2022 through a series of timely product releases.

This is the reason Meta However, the market landscape shifted last year, causing its share to drop to around 40% due to the influx of affordable devices from Chinese manufacturers and competition from Sony, a tech titan in Japan. With Apple recently selling over 200,000 units of its XR headset, it’s anticipated that Meta’s market share could decline even further.

Experts predict that extended reality (XR) will find new applications beyond everyday usage, expanding into critical industries like construction, healthcare, and firefighting. Market research company IDC forecasts a doubling of the XR device market, increasing from $18.2 billion this year to $35.7 billion by 2026.

As Meta and LG continue refining the Quest Pro 2, they aim to tackle hardware hurdles, positioning Meta to strengthen its competitive edge in the rapidly evolving XR arena.

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