Why 3 Billion Video Game Players is a Meaningless Number
DFC Intelligence has often discussed how video games have become a truly global phenomenon with over three billion worldwide video game consumers. Unfortunately, this is a fairly meaningless number that is used to justify unrealistic investments. In most cases, the addressable market for a specific product or company is in the tens of millions or less.
The top line number for DFC’s Video Game Con.....
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.....
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
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 .....
