Evolution of the gaming industry

Started by Pete Dero, January 19, 2025, 01:35:27 PM

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Pete Dero

https://www.techspot.com/news/106371-gaming-industry-hits-wall-but-pc-gaming-continues.html

After a decade of robust growth from 2011 to 2021, the gaming industry has hit a plateau, creating a climate of caution and reduced investment. However, amidst this stagnation, PC gaming has emerged as a bright spot, continuing its upward trajectory and now representing the majority of non-mobile content revenue.

Both PC and console gaming sectors have expanded substantially since the early 2010s, with consumer spending on these platforms increasing by nearly $50 billion in 2024 compared to 2011 levels, according to a presentation by Epyllion CEO Matthew Ball ("The State of Video Gaming in 2025").

Yet, a divergence in growth patterns has become apparent since 2021. The console gaming market has experienced a noticeable slowdown, particularly reflected in sales figures for the Xbox Series and PlayStation 5. After 49 months on the market, Microsoft and Sony's current generation of consoles has sold almost 7 million fewer units than their predecessors.




Redwolf

IDC are idiots. I don't know why anybody is listening to them for "forecasts".

ArizonaTank

Quote from: Pete Dero on January 19, 2025, 01:35:27 PM...

https://www.techspot.com/news/106371-gaming-industry-hits-wall-but-pc-gaming-continues.html

After a decade of robust growth from 2011 to 2021, the gaming industry has hit a plateau, creating a climate of caution and reduced investment. However, amidst this stagnation, PC gaming has emerged as a bright spot, continuing its upward trajectory and now representing the majority of non-mobile content revenue.

...


It would be interesting to see a breakdown by game type and revenue model. For example, I would guess that "Freemium" pricing prevalent in mobile and MMOs would be a logical place to bottom out Depending so heavily on "whales" to keep you afloat while keeping the freeloading sheep interested enough to keep playing, just seems subject to deflating over time. 
Johannes "Honus" Wagner
"The Flying Dutchman"
Shortstop: Pittsburgh Pirates 1900-1917
Rated as the 2nd most valuable player of all time by Bill James.

Pete Dero

Quote from: Redwolf on January 19, 2025, 04:11:07 PMIDC are idiots. I don't know why anybody is listening to them for "forecasts".

The forecasts aren't the problem for VR, it's the lack of growth in sales.

Redwolf

Quote from: Pete Dero on January 20, 2025, 08:13:55 AM
Quote from: Redwolf on January 19, 2025, 04:11:07 PMIDC are idiots. I don't know why anybody is listening to them for "forecasts".

The forecasts aren't the problem for VR, it's the lack of growth in sales.

I followed the computer industry for decades, and IDC's forecasts are always polar opposite of what is actually going to happen.