Worldwide Home Video Game Console Forecast Update, 2024-2028: Nintendo "Switch 2" Positioned to Reinvigorate Growth, Especially in Asia/Pacific
This IDC study forecasts home video game console hardware, software, and service use and spending through 2028 in four regions: North America, Western Europe, Asia/Pacific, and a combined rest of the world (ROW) region. 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 vendors in the home game console ecosystem."2024 is a down year. With the launch of Nintendo's next-gen platform just over the horizon, 2025 should see a significant rebound in global home game console excitement and spending. We also anticipate growth in Asia/Pacific will be particularly rosy over our forecast window." — Lewis Ward, research director of XR, Gaming, and Interactive 3D Software at IDC
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Worldwide Forecast
North America Forecast
Western Europe Forecast
Asia/Pacific Forecast
Rest of World (LATAM, MEA, and CEE) Forecast
Market Context
Drivers and Inhibitors
Drivers
PlayStation 5, Xbox Series X/S, and "Switch 2" Resonate
Digital Spending Trends Higher
Inhibitors
The Russia-Ukraine War and the Israel-Hamas War
Potential U.S. Import Tariffs and Flagging Interest in Western Europe
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research
Research Assistance
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