Console Game Sales Forecasted to Set Record Even With Shortages

Console Game Sales Forecasted to Set Record Even With Shortages

The latest console forecasts for DFC Intelligence have been lowered to take into account shortages that are expected to last throughout the year. The good news is demand remains at record levels and video game sales continue to soar. However, the shortage could hurt the long-term future of the PlayStation 5. At the 2020 launch of the new systems consumers were leaning heavily towards the PlayStation 5 over the Xbox Series X/S. With the hardware shortage, Microsoft now has breathing spa.....
E3 2021 Highlights Shift in Industry Strategy

E3 2021 Highlights Shift in Industry Strategy

Virtual E3 came and went without any major announcements.  However, the lack of news was itself newsworthy.  The E3 show highlighted how the console manufacturers have vastly different strategies going forward. The E3 show has always been primarily about the major console systems from Microsoft, Sony, and Nintendo.  In recent years, Sony has dropped out of E3 while Nintendo focuses primarily on its Nintendo Direct event.  So the real hope was that E3 week would spur.....
Video Game Sales To Set Record in 2021

Video Game Sales To Set Record in 2021

The COVID-19 stay-at-home orders helped drive video game sales to record levels in 2020. However, even as the world starts to return to normal the video game market remains on fire. Sales in 2021 are expected to surpass 2020 as DFC Intelligence forecasts the core video game software market will grow by 10%. DFC divides video games into three major segments: PC, console and mobile. In the past year the console and PC segments have seen the most exciting growth. In 2020 PC and console ga.....
Western Game Companies Lead Record Growth In PC Games

Western Game Companies Lead Record Growth In PC Games

After several years of flat to stagnant growth the PC game market grew 19% in 2020 to reach $36 billion. While much of this growth was because of increased usage due to stay-at-home orders, there are encouraging long-term signs for PC games. The most notable trend in PC games is that Western publishers are now among the biggest players in terms of revenue. For many years, China and Asia in general have been the dominant players in the PC game space. Market growth slowed as much of the .....
Can PlayStation 5 Outperform Nintendo Switch in 2021?

Can PlayStation 5 Outperform Nintendo Switch in 2021?

The Nintendo Switch set records in 2020.   Despite being in tight supply, the Switch sold more hardware units than any game system during a single year.  In 2021 the main question is will the Switch once again be the best-selling system for the year or can the PlayStation 5 challenge its reign? The latest DFC Intelligence console video game forecasts predict a close race between the Pla.....
Will Roblox Be Biggest Video Game IPO Ever?

Will Roblox Be Biggest Video Game IPO Ever?

Roblox is a video game company that has flown under the radar for many years. This is likely to change this month as the company prepares to go public. Roblox has the potential to become one of the biggest video game IPOs ever. The potential IPO was first announced last fall. The listing has been delayed several times but is currently set for March 10. Roblox will trade on the New York Stock Exchange under the symbol RBLX. The Roblox IPO has flown somewhat under the radar in par.....
Nvidia Value More Than Sony/Nintendo Combined as PC Game Sales Soar

Nvidia Value More Than Sony/Nintendo Combined as PC Game Sales Soar

The past holiday season saw a focus on the launch of PlayStation 5 and the new Xbox systems.  However, some of the biggest news was the explosion of sales for PC games.  DFC Intelligence just released its latest PC game forecasts showing that 2020 revenue for PC games reached over $36 billion.  More importantly, this is not expected to be a temporary increase.  DFC Intelligence forecasts that soaring PC ha.....
Amazon and Google Bungle Video Game Development

Amazon and Google Bungle Video Game Development

At the end of January, Bloomberg released a well-researched article detailing Amazon’s failure at game development. A few days later Google announced it was shutting down its in-house game development studio for Stadia. To industry insiders these were not big surprises, but they have left many wondering about the future of Amazon and Google i.....