TechTarget and Informa Techs Digital Business Combine.TechTarget and InformaTechTarget and Informa Techs Digital Business Combine.Together, we power an unparalleled network of 220+ online properties covering 10,000+ granular topics, serving an audience of 50+ million professionals with original, objective content from trusted sources. We help you gain critical insights and make more informed decisions across your business priorities.PlayStation VR2 gets its first (and permanent) price drop to $399PlayStation VR2 gets its first (and permanent) price drop to $399This price cut is anything but virtual.Justin Carter, Contributing EditorFebruary 27, 20252 Min ReadImage via PlayStation.At a GlanceSony is lowering the price for its VR headset in an effort to get more eyes on the two-year-old device and its game library.Over two years after launch, the PlayStation VR2 is getting a price cut: starting in March, the VR headset will permanently retail for $399.99 in North America, 449.99 in Europe, 399.99 in the UK, and 66,980 (or $447.19) in Japan.This is the first sale for the peripheral, which was originally $550 when it launched in February 2023. Sony has bragged about it outselling the original PlayStation VR, but there were reports not long after release claiming the console maker halted production until it sold more of its initial stock.Price cuts for PlayStation hardware has been somewhat infrequent and short-lived this console generation. Typically, prices have been raisedan initial response to a component shortage that reverberated across several territories, including Japanor the hardware, like the PlayStation 5 Pro, came out with a steep price tag.At launch, the PSVR2 had around 20 games, several of which were ports of pre-existing titles like Resident Evil Village or No Man's Sky. Pre-release, Sony revealed the headset was not backwards compatible with the original PlayStation VR's library.Last year, Sony added PC support for the PSVR2 through a wired adapter, which made it viable to any curious parties. As of its latest financial report from mid-February, Sony hasn't disclosed specific sales milestones for the device.What's next for VR games?The upcoming price slash for the PSVR2 comes as the game industry's VR sector has taken several recent blows. Recent months have seen reductions or closures at several VR-focused developers, from XR Games to Toast Interactive.Other times, developers like FuturLab have pulled back their support for the VR versions of their games. Last year, Meta simultaneously released a new version of its Quest 3 headset while discontinuing three older devices: the Quest 2, Quest Pro, and an earlier iteration of the original Quest 3.A late 2024 survey revealed 56 percent of developers think the VR game market is in either active decline or stagnation. With the PSVR2 now at a lower price, perhaps it can help renew interest in the medium.Read more about:PlayStationTop StoriesAbout the AuthorJustin CarterContributing Editor, GameDeveloper.comA Kansas City, MO native, Justin Carter has written for numerous sites including IGN, Polygon, and SyFy Wire. In addition to Game Developer, his writing can be found at io9 over on Gizmodo. Don't ask him about how much gum he's had, because the answer will be more than he's willing to admit.See more from Justin CarterDaily news, dev blogs, and stories from Game Developer straight to your inboxStay UpdatedYou May Also Like