Archived from groups: alt.games.video.xbox,alt.games.video.sony-playstation2 (More info?)
http://homemediaretailing.com/../news/html/breaking_article.cfm?sec_id=2&&ar
ticle_ID=7716
Total U.S. video game hardware, software and accessories sales will leap to
$16 billion by 2007, when the next-generation hardware makes inroads with
more consumers, said a recent report from Kagan Research.
The report, Future of Videogames 2005, forecasts that sales in 2007 would
post a 61 percent increase from 2004's total of $9.9 billion.
Video game software sales alone are expected to grow to $8.1 billion by
2008, which is up 30 percent from 2004's $6.3 billion. The report does not
include PC game sales.
Kagan forecasts that by 2010, 54 million U.S. households will own at least
one console, and most will own both a fixed and a portable system.
The new report paints another victory for Sony, which will be late to the
next round of hardware by as much as a year if PlayStation 3 launches in the
United States next fall as expected.
Microsoft's Xbox 360 is expected to sell 11 million units by 2007, including
an estimated 3 million hardware devices this year. Approximately 1.5 million
Xbox 360s are expected to ship and sell through for the North American
market launch this November, according to the study.
"We believe Sony PS3 will be the strongest seller of next-generation video
game consoles," said Kagan analyst Irina Mulvey, who wrote the report.
"However, Microsoft's Xbox 360 will narrow the gap with Sony to come within
28 percent of the PS3 installed base - selling almost twice as many next-gen
consoles as Nintendo Revolution by 2010."
Nintendo is expected to enter the next-generation battle as early as summer
2006 with its Revolution, which is expected to retail for $200 - much less
than the anticipated $300 price of Xbox 360 and $400 price of PS3.
Peter Moore, Xbox corporate VP of worldwide marketing and publishing, said
at the European ELSPA Games Summit's opening keynote that Microsoft would
sell 10 million Xbox 360s in its first 16 months. He added that being first
to retail with its next-generation hardware will be one of the keys to the
new console's success.
Sony was able to sell 20 million PS2s worldwide before Microsoft shipped a
single Xbox in the current generation war. And it took Microsoft a full year
to sell its first 1 million Xbox consoles.
According to the report, by the end of 2006, Xbox 360 will have 54 percent
of the next-generation market share, followed by PS3 with 27 percent and
Revolution with 19 percent. By 2007, the study projects Microsoft's lead
will be gone, as its market share is expected to drop to 37 percent as Sony'
s PS3 rises to 45 percent and Nintendo holds its 19 percent.
In addition, the higher price points for Xbox 360 and other next-gen games -
which are expected to be $60 at launch instead of the $40 to $50 of current
generation software - will propel video game sales to $6.5 billion in 2005
and $8.1 billion by 2008.
http://homemediaretailing.com/../news/html/breaking_article.cfm?sec_id=2&&ar
ticle_ID=7716
Total U.S. video game hardware, software and accessories sales will leap to
$16 billion by 2007, when the next-generation hardware makes inroads with
more consumers, said a recent report from Kagan Research.
The report, Future of Videogames 2005, forecasts that sales in 2007 would
post a 61 percent increase from 2004's total of $9.9 billion.
Video game software sales alone are expected to grow to $8.1 billion by
2008, which is up 30 percent from 2004's $6.3 billion. The report does not
include PC game sales.
Kagan forecasts that by 2010, 54 million U.S. households will own at least
one console, and most will own both a fixed and a portable system.
The new report paints another victory for Sony, which will be late to the
next round of hardware by as much as a year if PlayStation 3 launches in the
United States next fall as expected.
Microsoft's Xbox 360 is expected to sell 11 million units by 2007, including
an estimated 3 million hardware devices this year. Approximately 1.5 million
Xbox 360s are expected to ship and sell through for the North American
market launch this November, according to the study.
"We believe Sony PS3 will be the strongest seller of next-generation video
game consoles," said Kagan analyst Irina Mulvey, who wrote the report.
"However, Microsoft's Xbox 360 will narrow the gap with Sony to come within
28 percent of the PS3 installed base - selling almost twice as many next-gen
consoles as Nintendo Revolution by 2010."
Nintendo is expected to enter the next-generation battle as early as summer
2006 with its Revolution, which is expected to retail for $200 - much less
than the anticipated $300 price of Xbox 360 and $400 price of PS3.
Peter Moore, Xbox corporate VP of worldwide marketing and publishing, said
at the European ELSPA Games Summit's opening keynote that Microsoft would
sell 10 million Xbox 360s in its first 16 months. He added that being first
to retail with its next-generation hardware will be one of the keys to the
new console's success.
Sony was able to sell 20 million PS2s worldwide before Microsoft shipped a
single Xbox in the current generation war. And it took Microsoft a full year
to sell its first 1 million Xbox consoles.
According to the report, by the end of 2006, Xbox 360 will have 54 percent
of the next-generation market share, followed by PS3 with 27 percent and
Revolution with 19 percent. By 2007, the study projects Microsoft's lead
will be gone, as its market share is expected to drop to 37 percent as Sony'
s PS3 rises to 45 percent and Nintendo holds its 19 percent.
In addition, the higher price points for Xbox 360 and other next-gen games -
which are expected to be $60 at launch instead of the $40 to $50 of current
generation software - will propel video game sales to $6.5 billion in 2005
and $8.1 billion by 2008.
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