Game Industry Will Be Huge in 2010

Posted Jun 22, 2006 at 9:14PM by QJ Staff Listed in: Wii, PS3, MMORPG, Nintendo DS, Xbox 360 Tags: broadband, Europe, Game Industry, PricewaterhouseCoopers
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nextgenIn PricewaterhouseCoopers' (PWC) "Entertainment and Media Outlook: 2006-2010," the firm predicts that the worldwide game market will grow from $7 billion in 2005 to as much as $47 billion in 2010. This astronomic growth is expected to come largely from the Asia Pacific. Increased broadband access, computer literacy and government promotion will contribute to the huge sales in the region. The combined region of Europe, the Middle East, and Africa is expected to be the globe leader in terms of growth. I guess America has to step aside; but if it's any consolation, it will outpace Latin America. See, it's not so bad.

Worldwide market growth will be driven by demand for next-generation consoles and software. PWC predicts that the titles that are likely to be catapulted to the top of the charts are those that "build off a movie title, sport or a franchise that has already been built up."

Game companies have been reporting disappointing financial results due to their transition to next-gen systems. Well, those days will soon be over. With the PS3 and Wii completing the next-gen triumvirate, we'll have our games, they'll have their money.

 
 
 

Comments [refresh]

by non fanboy - 2006-06-22 18:50
» To: Fanboys

Heres a definition of a fanboy: (noun) A Broke A$$ gamer that can only afford only ONE console, therefore dedicates his life, time and LOVE for THAT system and that system only. He/she then gets the pom-poms, I LOVE "insert console here" underwear, hat, headband, stickers...etc and vows his/her existence towards that system like a company biotch!!!

Heres what some fanbiotches had to say....



SonyFanboy: I would Suck SONY DIICK anytime!! are u kidding me? IT's like the BEST diick in the world!! I tried the 360....but its CRap!! I LIKE SONY DIICK!!!



360Fanboy: Well, the PS3...its too expensive, plus 360 got waaay better things for me...like..I can MASTURBAATE ONLINE while I check out other ppl's GAYMER cards..Ya feel??



WiiFanboy: One word...MARIO!! He is just SOOOOO SEXY!!! I LOVE his Accent!!! I mean who doesnt?? cmon!!



*note*



These Fanbiotches didnt want to reveal their identities....

It is their right!!.



Now that we got that out the way..let the flaming begin!!

Go!!! Fanbiotches!! GO!!!!

by Monkey - 2006-06-22 19:27
» Ahh!

...And the world will end in 2012!

by Erick - 2006-06-22 20:17
» LOL HAHAHA

THATS WHAT I HEARD TOO " The World would end in 2012"





"Game companies have been reporting disappointing financial results due to their transition to next-gen systems."



Isn't xbox 360 the ONLY next gen system available right now? WOW the xbox really sucks, being the ONLY available next gen system anyone would think it would be doin good. But its NOT!

by Cody Jones!!!!!!!! - 2006-06-22 22:30
» people people

this is how its gonna happen, everyone will love the wii & no one will waist there time wit n e other company ever again, rock on nintendo!!!!!!! !!!woOt woOt!

by Daisako - 2006-06-23 03:44
» Get on subject

"this is how its gonna happen, everyone will love the wii & no one will waist there time wit n e other company ever again, rock on nintendo!!!!!!! !!!woOt woOt!" an example of a fanboy? Of course I am more of a hater because I hate XBox and XBox 360 due to games that do not interest me. Don't post stupid things like that, it is pretty dumb when you add nothing to the conversation and just create mindless racket.



Anyways, I don't see games becoming that large that fast because of acceptance of things in those countries that they said (like the middle east). They don't play games nearly as much as Americans, Europeans, Australians, and Asians, and they probably won't grow that much.

by MGSROCKS1 - 2006-06-23 07:57
» #6

You are wrong about the Middle East not playing a lot of games. They don't go crazy with video games like we do here in the U.S but alot of people are playing video games over there.

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