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Analysts Predict $70 Billion For Games Revenue In 2015
If you were to judge the future of the video game industry based off of last month’s NPD numbers, things would look pretty bleak. Market research and analysis firm DFC Intelligence, however, is predicting a jump of nearly $10 billion in revenue as soon as 2015.
DFC expects the recent downturn to continue until the next console generation, with revenue increasing dramatically between 2013 and 2015. “The overall game industry is expected to undergo a decline as more consumers embrace online business models, many of which involve a significant free to play component,” said DFC analyst David Cole. “These models may be more profitable than the traditional packaged goods business, but in the short term they provide less revenue.”
The financial soothsayers also predict that consoles will begin to more aggressively adopt the online distribution models currently in place with PC games and being tested by Microsoft on the Xbox 360. PC game revenue itself is proposed to break $20 million in 2015, with downloadable games revenue quadrupling between now and then.
Source: Edge
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