8:22 PM on 06.28.2007
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Fronz
I was always confident that the gaming industry would eventually sky rocket to its current level of global popularity, but even I was surprised when it surpassed the movie industry so quickly a few years ago. For a market that's only been around for a few decades to overcome an entertainment industry that's almost a century old is still hard to believe.
The next obstacle on the way to world domination seems to be the music industry, and according to new sales research, our industry should have bragging rights by 2011 at the very latest. The report expects the continued rise of mobile games and in-game advertising to be some of the larger sales factors, as well as the growing appeal of MMOs and other online games. Even without factoring in hardware sales, PwC predicts that the game market will rise to $48.9 billion in 2011, with $18.8 of the total coming from Asia.
Gamers have been used to reading good news about their industry as a whole, but do you expect to see a decline any time in the next decade? With the launch of the new consoles not far behind us, I can see sales rising consistently for several years to come, although it will definitely be hard to keep up such an impressive pace in the entertainment industry.
[Via 1UP, thanks to ShadowXOR for the picture!]
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Contest:
It is cool to hear that it is coming up on the music industry though
probably same losers who pay for porn
but pay for indie music and indie porn those are good =)
Lets be clear. The entire gaming industry surpassed BOX OFFICE TICKET SALES a couple years ago. This does not include DVD sales or rentals, or merchandise.
Yes, gaming is huge, and people spend more than going out to the movies, but the ENTIRE movie industry is still larger.
Anyway, that being said, I expect gaming to continue growing, especially now that there is a concerted effort to get the casual gamer to actually pay for their games, rather than just playing free games on the computer.
My original image is here in this article I wrote a while ago...
http://forums.loneshadow.com/index.php?showtopic=965
I updated the post, thanks for the nice picture!