Tag: Video game console

Global video game market to reach US$93b

GartnerThe worldwide video game marketplace, which includes video game console hardware and software, online, mobile and PC games, will reach US$93 billion in 2013, up from $79 billion in 2012, according to Gartner.

Driven by strong mobile gaming and video game console and software sales, the market is forecast to hit US$111 billion by 2015.

Mobile games are the fastest-growing segment of the market, with revenue set to nearly double between 2013 and 2015 from US$13.2 billion to US$22 billion.

Microsoft Xbox One tops ABI Research’s Game Console Competitive Assessment

Microsoft Xbox One consoleThe gaming console market is highly competitive with Microsoft just edging Sony for the top position in ABI Research’s game console Competitive Assessment, based on expectations for the impact of Sony’s PS4 and Microsoft’s Xbox One game consoles.

ABI Research evaluated a number of companies across three device categories: game consoles, smart set-top boxes, and TVs/Blu-ray players. Several factors were used to score each company based on two main axes of Innovation and Implementation. The assessment provides deep insight into consumer electronics ecosystems and modern video experiences in the connected home.

Sony fell to second in the game console assessment in part because key PlayStation 4 (PS4) differentiators such as cloud gaming are still untested (and won’t be fully available at launch), but largely because Microsoft has shown more features on the broader entertainment front (eg hybrid premium/OTT services). Nintendo secured the third position but a significant gap remains between it and market leaders.