Sunday, October 23, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Internet Disruptions Were Caused By Attacked Connected Devices
TSMC, GlobalFoundries/Samsung To Present Their 7nm Platforms At IEDM
Hon Hai Gains Apple Mac Orders From Quanta
AT&T In Advanced Talks With Time Warner On Merger
LG's Next Flagship G6 Smartphone Won't be Modular
Samsung to Exchange Galaxy Note 7 with New Galaxy S8
Qualcomm Said to Be Near A Deal With NXP
AMD Revenue Forecast Falls Short of Estimates
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Games > Video G...
Last 7 Days News : SU MO TU WE TH FR SA All News

Sunday, December 08, 2013
Video Game Market To Soar In The Next Years

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.

Samsung Introduces First 1 Terabyte mSATA SSD        All News        DRM Keeps Music Sales Down: study
Nintendo 3DS Update Brings Nintendo Network ID and Miiverse     Games News      PS4 Global Sales Surpass 2.1 Million Units

Get RSS feed Easy Print E-Mail this Message

Related News
Xbox One Maintains Top Spot In September
ReCore Arrives on Xbox One and Windows 10 As First Xbox Play Anywhere Game
PS4 System Software Update 4.00 Brings HDR Support, New Features
Sony Unveils 2 PlayStation Pro and Slim, New Peripherals
Sony Set To Announce New Playstation 4s
PlayStation Now Coming to PC, DualShock 4 USB Wireless Adaptor Unveiled
Sony To Launch Two New PS4 Models Next Month
Microsoft Expands The Xbox Wireless Ecosystem With New PCs And Accessories
PS4 System Software 4.00 Will Feature Folders, UI Refresh
Sony To unveil New Playstation Neo In September 7th Event
Microsoft's Xbox One S Costs $324 To Build
The Xbox Summer Update Starts Rolling Out

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .