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Worldwide Home Video Game Console Forecast, 2024–2028: Game Spending per Console Trends Lower

Publisher IDC
Published Jun 13, 2024
Length 27 Pages
SKU # IDC18893940

Description

Worldwide Home Video Game Console Forecast, 2024–2028: Game Spending per Console Trends Lower


This IDC study forecasts home video game console hardware, software, and service use and spending through 2028. Eighth-, ninth-, and tenth-generation consoles are considered in grouped categories. Packaged game discs/cards are broken out from two digital game–related spending segments. The study examines key market events and related trends, and it offers advice and guidance to market vendors."The next 12 months will be an exciting time for home consoles. We expect refreshed PS5 and Xbox Series X/S hardware late this year, and Nintendo's next-gen console should debut next March. Having said that, 2024 will be a down year. Market suppliers need to batten down the hatches, if they haven't already, and plan accordingly." — Lewis Ward, research director of Gaming, eSports, and AR/VR at IDC

Please Note: Extended description available upon request.

Table of Contents

27 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
PlayStation 5, Xbox Series X/S, and "Switch 2" Resonate
Digital Spending Trends Higher
Inhibitors
A Weak Near-Term AAA New Games Lineup
The Russia-Ukraine War and the Israel-Hamas War
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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