Sony has revealed plans to release a VR headset (Currently called "Project Morpheus") in conjunction with the PS4 at GDC 2014. The headset would include a dedicated processor to work with the PS4's processor. Sony boasts the headset will have 1080p video as well as a 90 degree field of view. Sony has yet to say how much it costs, but many people think it will rival the Oculus Rift and cause a big competition between the two. With this new technology, this should allow game developers to make more atmospheric and immersive titles to the platform.
The specs for the current prototype are as follows:
Component Processor unit and head-mounted unit
Display Method LCD
Panel Size 5 inches
Panel Resolution 1920xRGBx1080 (960xRGBx1080 per eye)
Field of View 90 degrees
Sensors Accelerometer, Gyroscope
Connection interface HDMI + USB
Function 3D audio, Social Screen