Some interesting Console news...
Here are some interesting tidbits of information about the console gaming world:
Console gaming is estimated to be worth nearly $24 billion worldwide in 2003 with spending projected to grow faster over the next four years than any other entertainment or media market.
Electronic Arts, the leading video game maker, is now the fourth largest
software company in the world, behind only Microsoft, Oracle and SAP.
The average American spent 75 hours in 2003 playing video games, double the time spent in 1997 - only Internet usage is growing faster.
The growing adoption of broadband Internet, the popularity of console gaming and the emergence of "next generation" mobile technologies are all converging to drive the video game market to dizzying new levels.
Facts about the Worldwide Games Market:
According to Zona, Inc., the total gamer universe, across all platforms, was 430 million people worldwide. That works out to be about 7% of the world's population. Online gamers represent only about one-quarter of the number of total gamers, although many gamers play across different platforms.
Worldwide gaming revenues, including hardware, software, mobile and online will generate over $31 billion in 2003 and grow to almost $40 billion in 2010. Console software, at almost $16.5 billion in 2003, makes up the largest component of the total market.
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