Gaming Console Market Double Digit Growth by 2021

Posted by HardOCP News 3:30 PM (CDT)

Thursday September 22, 2016

Research and Markets has announced the addition of the "Gaming Console Market - Forecasts from 2016 to 2021" report to their offering. The gaming console market has gone several hardware changes over the past couple of decades. Console manufacturers are coming up with new hardware so that they are compatible with latest specifications of games while enhancing the gameplay experience. Global gaming console market is projected to witness double digit growth over the forecast period 2016 to 2021.

Sony, Nintendo, Microsoft are the major players in the gaming console industry. Even though mobile games have found larger acceptance due to technological advancements in the smartphone industry, gaming consoles are still popular. PC games too haven't able to dent the demand for gaming consoles, as hardcore gamers still prefer the high-end specifications of PCs, while casual gamers are more likely to opt for consoles, as they are relatively cheap and have different forms of connectivity.