Teens are unsure about the metaverse or don’t have any interest, and don’t plan to purchase a VR headset, according to a new report from Piper Sandler.
The research reveals that 26% of teens own a VR device, but only 5% use it daily, while 48% of headset owners “seldom” use it.
Of the teens who don’t own a VR headset, only 9% actively plan to buy one.
However, 68% of the demographic do self-identify as gamers.
In addition, 87% of teens have heard of cryptocurrency, and 11% say they have taken part in a transaction.
A survey by the Morning Consult also revealed that about half of millennials and Gen Z adults say they are either “interested or somewhat interested” in the metaverse.
However, they show slightly less interest in both Horizon Worlds and Horizon Workroom, Meta’s platform for business meetings held in virtual reality.