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Nintendo is about to regain its leadership position in video game consoles for the first time since 2009, according to the latest Strategy Analytics projections Connected appliances a service. The report, Global forecast of the games console market, predicts that Nintendo will sell 17.3 million Switch consoles worldwide in 2019, while Sony will sell 17.1 million for PS4 and PS4 Pro consoles. Microsoft will remain in third place with 10.0 million Xbox One and Xbox One X devices sold. The global console market performed well in 2018, with total sales reaching 46.1 million devices, the highest level since 2010.
Other key findings of the report include:
- Sony remains the market leader in terms of used consoles. It accounts for almost half of the video game consoles used. 84% of them are now PS4 or PS4 Pro devices.
- The possession of video game consoles has increased further in recent years; 45% of households in North America and 20% of households in Western Europe now have at least one console
- The global retail value of the gaming console industry is expected to reach $ 15.4 billion in 2018, an increase of 7.6%.
- Revenue for 2019 is expected to decrease by 10% as volumes and prices of shipments fall
- By 2023, revenues will be back to 2018, thanks to the launch of new generation systems such as PS5 and Xbox and Switch updates.
David Watkins, Director of Strategy Analytics, commented, Contrary to certain expectations, the global market for game console consoles remains healthy. Many experts have written off over the years, for reasons ranging from the emergence of cloud gaming to the dominance of mobile devices and the arrival of virtual reality, but the group refuses to die. In fact, some argue that the persistent appeal of the game console, now in its sixth decade, continues to demonstrate the weaknesses and limitations of alternative gaming platforms.
Chirag Upadhyay, Senior Analyst at Strategy Analytics, added, The console upgrade cycles continue and the three-way battle between Sony, Microsoft and Nintendo, which has raged for almost two decades, shows no sign of slowing down, with every platform owner discussing his plans to updates and new generations. In partnership with developers and motivated by the ever-growing expectations of consumers, we expect these platform owners to continue pushing the boundaries of the big screen gaming experience for many more years.
About the analysis strategy
Strategy Analytics, Inc. provides a competitive edge in consulting, advisory and market intelligence services to emerging technology, mobile and wireless companies, consumer digital products and automotive electronics. With offices in North America, Europe and Asia, Strategy Analytics provides useful information for business success. www.StrategyAnalytics.com
David Watkins, +33 153 409 952, [email protected]
David
Mercer, +44 1908 423 610, [email protected]
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