Consoles, discs obsolete within 10 years, says Square Enix

Square Enix is preparing for a future without discs or consoles. CEO Yoichi Wada has told MCV that physical media and traditional platforms will be a thing of the past within the next decade.

“In ten years’ time a lot of what we call ‘console games’ won’t exist,” said Wada. As a result, “all the distributors and sales firms will suffer a big negative impact.”

“In the past the platform was hardware, but it has switched to the network. A time will come when the hardware isn’t even needed anymore. With that, any kind of terminal becomes a potential platform on which games can be played – that’s exponential growth in the potential of gaming. The potential size of the market is enormous.”

To prepare for the coming revolution, Square Enix is upping production of social, browser and digitally distributed games, while also “closely monitoring” 2010’s beta roll-out of PS3 MMO Final Fantasy XIV. “Social and browser games are going to grow dramatically – especially in areas like Asia which does not have as big a console market,” said Wada.