Feeds

Games industry set for $5 BILLION haircut, warn beancounters

Game over. Insert coins to continue play

Remote control for virtualized desktops

The computer games industry is set to see its revenues slip from $46.5bn this year to $41bn by 2019, a new study from Juniper Research has claimed. That's about a 12 per cent drop over the next five years.

A new market forecast probing the PC and console games market also predicted that consoles will lose market share, with 50 per cent of all revenue coming from PC games.

It also reveals that despite the decreasing sales of console hardware and increasing significance of mobile platforms, PC and console games will still account for over 50 per cent of industry revenues over the next five years.

When the ninth generation of consoles arrives in 2019, there will be a short spike in software sales followed by a longer term decline.

Just like a spotty teen playing Space Invaders, the computer games industry has been bunging in coin after coin and trying to buy itself a few extra lives.

One of the major wins looks set to be cloud games market, which Juniper Research predicted would reach $1bn in revenues by 2019, up from $281m this year.

The analysis firm wrote: "Competition among the different games platforms is increasingly fierce for two distinctive reasons. On the one hand, new console hardware providers enter the market with their generally cheaper and therefore more easily accessible devices, while on the other hand gamers are offered new means of playing from mobile platforms.

"This complex ecosystem requires hardware providers and game developers to be highly adaptive to change, applying new and sophisticated tools to understand their customers. Despite this complexity, global revenues from PC and console games still represent a sizeable opportunity for all key players/"

So what will you be playing in 2019? Will humanity survive that long? What will the consoles of the future look like? Big questions. Let us know the answer by commentarding below. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Heyyy! NICE e-bracelet you've got there ... SHAME if someone were to SUBPOENA it
Court pops open cans of worms and whup-ass in Fitbit case
SLURP! Flick your TONGUE around our LOLLIPOP – Google
Android 5 is coming – IF you're lucky enough to have the right gadget
Official: European members prefer to fondle Apple iPads
Only 7 of 50 parliamentarians plump for Samsung Galaxy S
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Space Commanders rebel as Elite:Dangerous kills offline mode
Frontier cops an epic kicking in its own forums ahead of December revival
VINYL is BACK and you can thank Sonos for that
The format that wouldn’t die is officially in remission
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
How to simplify SSL certificate management
Simple steps to take control of SSL certificates across the enterprise, and recommendations centralizing certificate management throughout their lifecycle.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.