Breaking News

ASUS Announces Pro WS Platinum Series Power Supplies Razer Hammerhead V3 Wired Earbuds Bring Premium Sound and Comfort to Every Device ASUS ROG Unveils ROG Astral GeForce RTX 5080 Dhahab CORE OC Edition Transcend Introduces 8TB Industrial SSD with Power Loss Protection Viltrox announces AF 85mm F1.4 Pro FE Portrait Lens

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Video Game Market To Soar In The Next Years

Video Game Market To Soar In The Next Years

Gaming Dec 8,2013 0

Research firm IDATE forcasts an average 11% annual growth of the global gaming market over the next four years, fueled by the llatest handheld and home consoles, and a growth of the games on mobile devices. IDATE specialists say that the global gaming market will be driven from from €54 billion in 2013 to €82 billion in 2017.

Laurent Michaud, Head of IDATE's Video Game Business and the report's Project Manager, says, "growth will be significant up to 2015, after which it will begin to slow as new generation handheld and home consoles reach the end of their life cycle".

IDATE expects home consoles to represent 40% of the total market in 2017 against 31% in 2013, an increase that can be explained by the deployment of new consoles. This was a segment nonetheless well below that of 2008, during the deployment phase of the previous generation (78%).

Handheld consoles such as Nintendo's 3DS or Sony's PSVita, which have a share of about 22 percent in 2013, are projected to record declining share to 13 percent in 2017, in the face of increasing strong competition from tablets and mobile phones.

Due to the success of online computer games and handheld gaming, IDATE expects an irreversible decline of offline gaming on personal computers.

The increasing popularity of online games stems from the fact that they dominate the gaming industry in China and South Korea. Online games are expected to record average growth of 11.4 percent while mobile gaming is seen progressing by 12.2 percent annually between 2013 and 2017.

Mobile gaming is expected to have an average annual growth of 11.4% and mobile gaming a 12.2% growth, against 11.1% for the entire video games market.

IDATE also sees key game developers producing fewer and fewer blockbusters, which are also becoming more and more expensive to make.

Tags: Playstation 4Xbox One
Previous Post
Samsung Introduces First 1 Terabyte mSATA SSD
Next Post
DRM Keeps Music Sales Down: study

Related Posts

  • Sony to Offer Free PS4 Games Through the Play At Home Initiative

  • Sony Introduces the the DualShock 4 Back Button Attachment

  • Sony Unveils Games Coming Next Year On Playstation

  • Halo: Reach Now Available for Xbox One, Windows 10 and Steam, Plus Xbox Game Pass

  • New PlayStation Games for November 26

  • Xbox One November Update Available with Google Assistant, Inside Xbox Episode Unveils New Games

  • Xbox Console Streaming to Mobiles Preview Started

  • Xbox One with Xbox All Access Gives You Option to Upgrade to Project Scarlett

Latest News

ASUS Announces Pro WS Platinum Series Power Supplies
PC components

ASUS Announces Pro WS Platinum Series Power Supplies

Razer Hammerhead V3 Wired Earbuds Bring Premium Sound and Comfort to Every Device
Consumer Electronics

Razer Hammerhead V3 Wired Earbuds Bring Premium Sound and Comfort to Every Device

ASUS ROG Unveils ROG Astral GeForce RTX 5080 Dhahab CORE OC Edition
GPUs

ASUS ROG Unveils ROG Astral GeForce RTX 5080 Dhahab CORE OC Edition

Transcend Introduces 8TB Industrial SSD with Power Loss Protection
Enterprise & IT

Transcend Introduces 8TB Industrial SSD with Power Loss Protection

Viltrox announces AF 85mm F1.4 Pro FE Portrait Lens
Cameras

Viltrox announces AF 85mm F1.4 Pro FE Portrait Lens

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Arctic Liquid Freezer III 420 - 360

Arctic Liquid Freezer III 420 - 360

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Noctua NH-D15 G2

Noctua NH-D15 G2

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed