At this point... it won't succeed

At this point it depends on what you mean by "succeed". I find it highly unlikely that it will ever catch the 3DS. Sony waited too long to drop the price on the platform. Nintendo did it within 6 months of seeing their platform not selling so well. Sony waited a year longer by comparison. Nintendo also dropped the price further on the initial model though since then a more expensive one was released.

Another problem that the Vita has is that there are too many games being made for it that feel like they would be more at home on a console than a handheld. Also, I feel that some cross-platform games like Dragon's Crown should have initially been only for the Vita. I like that Sony is trying to create a unified ecosystem across their platforms but it's hurting Vita sales because it's taking away that feeling of experiences you can only have with that handheld.

Regardless of region, there are several things I would do. First, market market market. I don't know what it's like elsewhere but I know that here in the States there is virtually no marketing for the Vita. Get some commercials out there. Get more websites to promote it. Get that device in the minds of the consumers.

Then, drop the price of the memory cards even further. People should not be paying so damn much for such small amounts of storage space that is required. Bundle it with the PS4. Seriously, by the holidays of 2014 I should be seeing PS4/Vita bundles.

Most importantly, games. Look at what Nintendo is doing. Those games are being built around the features of the 3DS. Not built first and then having the Vita's features jammed in. Don't make so many console-like games for it. Make a lot of smaller scope games. Most people I know don't want to spend many consecutive hours on a handheld if they don't feel like they have to. Make more games feel like "pickup-and-play". An epic, big budget type game every so often is fine but there should be a lot more games that feel smaller and more charming. Give the Vita its own franchises too. Stop pulling from all of these existing universes. Gravity Rush is awesome. Tearaway looks like it will be the next big deal for Vita. More games like those.

PS Vita TV for those who don't want to play on handheld

USA
GTA
God Of War Revival
Fun Platformer exclusive with ads on some core kids tv program
The Last Of Us sequel
Worthy Call Of Duty heavy bundled, heavy advertised

Europe
GTA
Gran Turismo
Ratchet & Clank exclusive fun platformer (mainly tied with the movie in 2015)
Soccer games with exclusive features and advertisement
The Last of Us Sequel

Japan
Monster Hunter
Final Fantasy EXCLUSIVE
Kingdom Hearts Exclusive

Rest Of The World
GTA
Worthy Call Of Duty heavy bundled, heavy advertised

Would make me very happy:
inFamous
Exclusive Ratchet & Clank
Revival of a PS1 classic like Tomba!
The Last Of Us Vita Exclusive Sequel
Gravity Rush 2

You should work at Sony instead because I'm convinced they're damn clueless. :/

The Vita can succeed because it is a powerful system that is perfectly capable of playing great games. It won't succeed because Sony has not shown that they're willing to put the resources required into bringing great games to the platform.

It will do fine in Japan. The games are coming at a steady pace. Developers have discovered that Vita owners buy software. The Vita has a high attach rate.

The west is a different story. Major western developers just won't make games for handhelds at a reliable rate. Sony's best bet is to create some kid-friendly titles, throw them out, and see if anything sticks. Kind of what they're doing in Japan with hunter games. They need something with cartoon characters or cute monsters.

I think they still have many devs focused on PS3... I guess 2014 should be the last year with 1st party titles coming to the PS3, maybe one last game in 2015... By then it will be easyer to split their resources in only PS4 and PS vita games... I think the PS Vita's hardware is strong enough to stay relevant for more 4 years at least, if they can keep the platform alive, maybe it could get some space and get maybe 50million lifetime... It would be enough to me...

HAHAHA thanks... ;) I just hope they will get better as soon as first party devs abandon PS3

So do you think it's just that they're dead focused on PS4 for launch and will resume Vita support next year? I really hope so. (T_T) Soon PS3 support might cease as it will become irrelevant to Sony when PS4 is on its first year on the market. Then they'll focus on PS4 regularly, but tone down a little and then Vita will get some love hopefully.

It can in Japan because its getting a shit load of JRPG exclusives, its not gonna anywhere else because Sony isn't even localizing any of those games and the games that target the western audience are few and far between.