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[Disclosure: Microsoft is a client of the author]
This last month Microsoft, with a variety of partners, announced a series of low cost VR/MR headsets due to market largely targeting consumers by the 4th quarter. MR is the new term that refers to Mixed Reality and now effectively encompasses AR, or Augmented Reality, and VR or Virtual Reality.
These headsets solve many problems plaguing the VR market in particular: initial cost (they cost a fraction of the headsets currently being sold), ease of setup (they have cameras built in rather than the earlier remotely installed satellite cameras) and introduce more hardware competition (which often drives lower prices and more innovative designs). But we still are mostly dealing with interfaces into our new VR world that seem mouse or touch based even though neither really lends itself to VR, MR, or AR.
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