Decline In Sales Projected For Next-Gen Gaming Consoles

With new Generation of evolved Gaming Consoles set to be released in markets with couple of add on features in their bag making them a Home Entertainment Device rather just a Gaming Console, Analysts say that these add-on’s like Cloud-based streaming won’t prove to be a selling point for next-gen consoles, anticipating lesser sales then their older siblings in early launch period.

Predictions project the combined unit sales of PS4, Wii U and Xbox One to be around the 133 million mark within the first five years of launch – 5% less than earlier achievements.

As the streaming devices from “Roku, Netgear, WD, Apple and Seagate” are quite affordable and don’t offer Consoles much of selling point, ban in China on consoles for 13-year can also be a major factor in sales figures too.

This market research has been carried out by ABI Research Firm and the director of the same Sam Rosen, quoted “Without solid titles and first-party franchises, platforms will have a difficult time finding traction, Streaming media is not enough when low-cost STBs are readily available.”

“While we don’t anticipate a drop-off in game console households, barring significant changes to less developed console markets in Asia and Latin America there isn’t a great deal of growth opportunity beyond the current installed base.”

Let’s see how much reality this research holds whose sole verification source is Market response.

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