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Valve has the best immersive PC gaming platform in the world (eg not things like Farmville, but games pushing the limits of immersive 3D tech). The only real c

Valve has the best immersive PC gaming platform in the world (eg not things like Farmville, but games pushing the limits of immersive 3D tech). The only real competitors to Steam are consoles. Games have traditionally been the main driver of home PC hardware, so I wouldn't count Valve out easily.

onion2k 5y ago
Valve has the best immersive PC gaming platform in the world... Facebook cannot do VR based on games. It wouldn't bring in enough money to sustain it. They're going after a much bigger market. The entire global PC gaming market was worth $42b in 2019. It's up a bit since then, but not by much[1]. That's equivalent to about 5 months of Facebook's revenue[2]. In other words, in terms of revenue, Facebook is double the size of the entire PC gaming market. It doesn't really matter how good or how big Valve are. They're a big fish in a small pond compared to Facebook. [1] https://www.statista.com/statistics/292516/pc-online-game-market-value-worldwide/ https://www.statista.com/statistics/292516/pc-online-game-ma... [2] https://www.nytimes.com/2021/10/25/technology/facebook-profits-earnings-q3-2021.html https://www.nytimes.com/2021/10/25/technology/facebook-profi...