The future of VR is mostly safe in the hands of Facebook.

When the original Oculus Quest was announced in September 2018, even Facebook didn't expect it to do as well as it did (as evidenced by the fact that it could never keep the Quest in stock). The Oculus Quest experience went beyond what was expected of a VR headset by being more than just affordable — it was as easy to use as a video game console. Since that launch, Facebook has acquired several VR game development studios, brought several developers onboard with its Oculus Store, and changed the paradigm of what people expect from the standalone VR experience.