{"id":296,"date":"2014-10-22T17:08:15","date_gmt":"2014-10-23T00:08:15","guid":{"rendered":"http:\/\/kmtechblog.com\/?p=296"},"modified":"2014-10-22T17:08:15","modified_gmt":"2014-10-23T00:08:15","slug":"console-declines-stop-industry-short-of-100-billion-in-2018","status":"publish","type":"post","link":"https:\/\/kmtech.blog\/?p=296","title":{"rendered":"Console Declines Stop Industry Short of $100 Billion in 2018"},"content":{"rendered":"<p>Research firm DFC Intelligence predicted earlier this year that the world video game market would hit $100 billion by 2018. According to a report from <i>GamesIndustry International,\u00a0<\/i>however, DFC is updating those numbers.<em><br \/>\n<\/em><\/p>\n<p>Total software revenues will be close to that number, but won\u2019t quite surpass it until 2019.<\/p>\n<p>DFC says that retail software sales will climb for the next few years, but expects them to drop off. Digital game sales, however, are expected to triple as compared to this year\u2019s already growing numbers, helped along significantly by Sony and Microsoft\u2019s day one digital releases.<\/p>\n<p>Handheld software sales \u2013 systems like the 3DS and PS Vita \u2013 are expected to drop off significantly, while mobile software sales are expected to continue to increase.<\/p>\n<p>The big concern, according to DFC, is \u201closing the second tier audience that made products like Wii, PS2,<em> Guitar Hero<\/em>, Kinect, <em>Singstar<\/em>, etc. so successful.\u201d They note that the market for what they refer to as AAA products is still robust \u2013 meaning that gamers are still spending lots of money on games. It\u2019s the people who bought a Wii for <em>Wii Sports<\/em>, a PS2 for <em>FIFA<\/em>, an Xbox 360 for <em>Guitar Hero<\/em> and <em>Dance Central<\/em> that they\u2019re saying are dropping off.<\/p>\n<p>The biggest takeaway for game publishers, DFC says, is to recognize the strength of cross-platform game brands like <em>Minecraft<\/em> and <em>Angry Birds<\/em> that manage to be successful no matter what platform they\u2019re on, and to capitalize on those.<\/p>\n<div class=\"sourcevia-wrapper\">\n<div class=\"sourcevia fCaps fLS0\"><span class=\"label fLS1\">SOURCE<\/span> <a href=\"http:\/\/www.gamesindustry.biz\/articles\/2014-10-21-console-decline-delays-usd100-billion-mark-for-industry-to-2019-dfc\" target=\"_blank\" rel=\"noopener\">GAMESINDUSTRY INTERNATIONAL<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Research firm DFC Intelligence predicted earlier this year that the world video game market would hit $100 billion by 2018. According to a report from GamesIndustry International,\u00a0however, DFC is updating those numbers. Total software revenues will be close to that number, but won\u2019t quite surpass it until 2019. DFC says that retail software sales will [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12],"tags":[],"class_list":["post-296","post","type-post","status-publish","format-standard","hentry","category-gaming","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/posts\/296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=296"}],"version-history":[{"count":0,"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/posts\/296\/revisions"}],"wp:attachment":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}