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VR stuff is not dying. You're just in the Trough of Disillusionment of the Gartner hype cycle. Look at Steam Sales or Oculus Sales for their VR games. Look at the new headsets that continue to arrive to the market. The VR market might still be relatively small, but it's always improving and growing.
Edit lol no counter argument, just downvotes from kids who refuse to believe they might be wrong.
VR headsets are still improving and still being sold, no disagreement there. But when I search for great VR games to play those lists look almost the same as when I got into VR several years ago. They're still recommending only games that came out years ago and that I've already played. At most they might recommend a new mod to turn a regular game into VR. Where is the content? I thought I'd one day upgrade from my HTC Vive, but I don't see the point if all I'm going to play are the games I've already played.