Videogame console market share

 

2015 was a golden year for videogame consoles. Total revenues in the USA hit $23.5 billion, which was a 5% increase compared to 2014. Can 2016 be an even more successful year for gaming? Many factors point to a strong yes – revenue in the eSports sector is increasing year over year, VR and AR gaming is gaining momentum, and even online casino gaming has a steady flow of revenue thanks to mobile devices and companies like NetEnt, which are developing unique games each year, and thanks to gambling portals like Free Spins Tracker.

As usual, the best month for sales for both the PlayStation 4 and Xbox One was December, and thus far, Sony has sold a total of 35.9 million PS4 units, and, according to Electronic Arts, Microsoft probably sold around 19 million Xbox One units to date.

While 2015 was a very successful year, the sales numbers of the eighth generation consoles (Xbox One and PS4) dropped in January 2016 by 8% compared to January 2015. Older generation console sales (PS3 and Xbox 360) are virtually non-existent, and data shows that sales for those dropped 81% in January 2016 compared to January 2015.

The sales drop for the newer consoles can most likely be attributed to the lack of any major releases. However, since several big titles like Dark Souls III, The Last Guardian, Doom, Mass Effect: Andromeda and Uncharted 4 are hitting the market in 2016, older generation game system owners may be enticed to switch to PS4 and Xbox One, which may lead to an increase in sales.

VG Console Market

This year will also be an exciting one for Nintendo fans, as the company will begin talks on the NX, the next Nintendo hardware system. Activision has also had a very successful first quarter in 2016 and their stock was up over 6%, thanks to the purchase of King’s Candy Crush Jelly Saga, as well as the continued strong sales of Call of Duty: Black Ops 3.

Because of this, many anticipate the overall growth of the industry to continue to rise for several years. The above sales have helped 2015 become a banner year for consoles, and thanks to the development of multiple industry sectors in 2016, this year will most likely be a good year for the market, too.

One question remains as to whether or not real money casino games could make their way to consoles and blast revenues sky high. It is known that operators like 888 have been eyeing developments here for a long time. With over 1000 online and mobile casinos looking for more channels, this could happen soon.

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