Fifth generation of video game consoles

The Global Console Games Market On Track To Exceed $57 Billion This Year

Retrieved on: 
Tuesday, August 25, 2020
Video game platforms, Computing, Console game, Console, Fifth generation of video game consoles, PC game, Gaming

Covid quarantine has presented an opportunity for dedicated console and computer gamers to spend more time with new games in store.

Key Points: 
  • Covid quarantine has presented an opportunity for dedicated console and computer gamers to spend more time with new games in store.
  • One report from Brand Research projected that the global console games market, which was valued at USD 26.06 Billion in 2018, is expected to reach USD 34.52 Billion by 2025 with a CAGR of 4.10 %over the forecast period.
  • The Brand report gave an overview of the console market, saying that console games, which are more commonly called video games, are played on a device specially made for game play called a video game console.
  • "We believe Waterproof is a high-performance asset with a proven track record, positioned to excel in the current market," said Kaplan.

The Global Console Games Market On Track To Exceed $57 Billion This Year

Retrieved on: 
Tuesday, August 25, 2020
Video game platforms, Computing, Console game, Console, Fifth generation of video game consoles, PC game, Gaming

Covid quarantine has presented an opportunity for dedicated console and computer gamers to spend more time with new games in store.

Key Points: 
  • Covid quarantine has presented an opportunity for dedicated console and computer gamers to spend more time with new games in store.
  • One report from Brand Research projected that the global console games market, which was valued at USD 26.06 Billion in 2018, is expected to reach USD 34.52 Billion by 2025 with a CAGR of 4.10 %over the forecast period.
  • The Brand report gave an overview of the console market, saying that console games, which are more commonly called video games, are played on a device specially made for game play called a video game console.
  • "We believe Waterproof is a high-performance asset with a proven track record, positioned to excel in the current market," said Kaplan.

Spike in Demand for Video Games Consoles in 2020 Amid COVID-19 - Sony Ordering 50% More PS5 Units Than It Had Originally Planned to Ship This Year

Retrieved on: 
Monday, July 20, 2020
Video game consoles, Home video game consoles, Decades, Nintendo Switch, PlayStation, Nintendo, Fifth generation of video game consoles, Nintendo 64

Analysts predict that it is likely that this demand will continue as more consumers turn to gaming as a means of entertainment and to stay connected with friends.

Key Points: 
  • Analysts predict that it is likely that this demand will continue as more consumers turn to gaming as a means of entertainment and to stay connected with friends.
  • Nintendo has experienced difficulty meeting demand for the popular Switch console as well as its home fitness game Ring Fit Adventure as a result of coronavirus related manufacturing delays.
  • In anticipation of increased demand for its Playstation 5 consoles, Sony is ordering at least 50% more units than it had originally planned to ship this year.
  • The company had initially expected to produce approximately six million consoles in 2020, however that figure is expected to increase to approximately 9 million.

Global 3D Gaming Consoles Market Outlook 2017-2026: Aggressive Marketing Strategies Adopted by Developers Across the Globe

Retrieved on: 
Monday, January 21, 2019
3D imaging, Digital 3D, Video game console, Video game, Computing, Sixth generation of video game consoles, Third generation of video game consoles, Eighth generation of video game consoles, Fifth generation of video game consoles, Business, Entertainment, Console game

The "3D Gaming Consoles - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "3D Gaming Consoles - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
  • Increasing purchasing power, rise in the average spending by gamers and aggressive marketing strategies adopted by developers across the globe are the key driving factors for the market growth.
  • 3D gaming consoles are video game consoles, which can hold stereoscopic game plays on integrated displays.
  • The video game industry can develop from usual 2D gaming to 3D gaming because of digital 3D display technologies, sophisticated gaming software tools and applications and gaming console accessories.