Video game market to reach US$ 47 billion on 2009

Posted Sep 18, 2007 at 6:37AM EST by QJ Staff

Listed in: News Tags: DFC Intelligence, Microsoft, Nintendo, North America, Sony

The gaming industry is now shaping up to become one of the most lucrative businesses ever. Just a few days after NPD's sunny US$ 18 billion prediction, DFC Intelligence released a statement that the interactive entertainment industry is set to skyrocket and gain about as much as US$ 47 billion worth of revenue come 2009. The prediction covers all video game markets, including PC gaming.

Furthermore, DFC also predicted that the PC gaming market will earn as much as US$ 13 billion once year 2012 hits.

While the DFC puts (unsurprisingly) a high amount of confidence towards the portable gaming market ( particularly the Nintendo DS) they are still uncertain about the individual outcome for each of the three competing next-gen consoles: Microsoft's Xbox 360, Sony's PlayStation 3 and the Nintendo Wii.

Apart from the DS, DFC also raised its forecast for the Wii, as well as the PS3. However, their forecast for Microsoft's Xbox 360 has been lowered, saying that Microsoft needs to improve on their market outside North America.

However, despite the unpredictability of the next-gen console race, the DFC forecasts that the combined effort of the three competing systems will yield a high sales rate of 180 to 210 million units by year 2012.

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Video game market to reach US$ 47 billion on 2009

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