Worldwide Home Video Game Console Forecast, 2024–2028: Game Spending per Console Trends Lower
This IDC study forecasts home video game console hardware, software, and service use and spending through 2028. Eighth-, ninth-, and tenth-generation consoles are considered in grouped categories. Packaged game discs/cards are broken out from two digital game–related spending segments. The study examines key market events and related trends, and it offers advice and guidance to market vendors."The next 12 months will be an exciting time for home consoles. We expect refreshed PS5 and Xbox Series X/S hardware late this year, and Nintendo's next-gen console should debut next March. Having said that, 2024 will be a down year. Market suppliers need to batten down the hatches, if they haven't already, and plan accordingly." — Lewis Ward, research director of Gaming, eSports, and AR/VR at IDC
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- PlayStation 5, Xbox Series X/S, and "Switch 2" Resonate
- Digital Spending Trends Higher
- Inhibitors
- A Weak Near-Term AAA New Games Lineup
- The Russia-Ukraine War and the Israel-Hamas War
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Methodology
- Related Research
Research Assistance
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