uploads/2016/06/5-2.png

Sony PlayStation and Microsoft Xbox Sales Drive Console Market

By

Updated

Gaming consoles and PCs most commonly used platforms

According to a research report by the Entertainment Software Association (or ESA) and the NPD Group, the personal computer is the most common device used by players, with 56% of gamers opting for this platform.

Gaming consoles rank second at 53%, followed by smartphones, wireless devices, and dedicated handheld systems at 36%, 31%, and 17%, respectively.

Article continues below advertisement

PlayStation 4 and Xbox One saw best YoY sales in December 2015

In December 2015, the sales of the Japan-based (EWJ) Sony (SNE) PlayStation 4 and Xbox One (MSFT) recorded their best sales ever.

Since its launch, the total sales of Sony PlayStation stands at approximately 40 million units worldwide. Although Microsoft has not released its Xbox One figures in the last 12 months, Electronic Arts (EA) notes that the installed base for Xbox One is approximately 19 million units.

Nintendo (NTDOY) is expected to announce the launch date of its next hardware system, NX, in 2016. Analysts do not expect Sony and Microsoft to announce the launch of their next-generation consoles in the near future, however, as the PlayStation and Xbox One were launched in 2013.

As seen in the previous part of this series, software sales rose by 7% YoY in 2015. This is likely to drive hardware sales, and analysts expect the overall growth rate to continue in the future. 

“The industry’s sales performance helped to make 2015 a banner year for video games; and we anticipate continued growth in multiple industry sectors for 2016,” stated Joanne Hageman, president of the NPD Group.

Advertisement

More From Market Realist