It is because there is no space for VR in most people’s lives. We have computers, mobiles and consoles, that is more than enough for most people and the majority dont even have two of these and once you get one you have to constantly buy the new model that drops every year or so, people wont buy a new headset over a new phone.

Another issue is VR has zero uses outside of games, working in VR is a meme no matter how much facebook pushes it so i dont see any growth in that sector for the foreseeable future