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Global game revenue to reach $29bn by 2021 – PwC

Worldwide video game revenue will reach $29bn by 2021, according to PwC’s latest global entertainment and media outlook report, which is more than double the revenue made in 2012 ($14bn). PwC says PC games will experience a healthier growth than their console counterparts, partly thanks to therise of eSports, which …

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Global games market to hit $108.9bn in 2017 – Newzoo

The global games market will reach $108.9bn (84bn) in 2017, according to Newzoo’s latest quarterly update, showing a growth of 7.8 per cent year-on-year. The vast majority of that figure will come from digital game revenues, says Newzoo, reaching $94.4bn (72.8bn), or 87 per cent of the global market. This …

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Sony reckons it can sell 20m PS4s this financial year

PS4 exceeded even Sony’s own expectations last year, but the platform holder has predicted that the machine will do even better next year. 17.7m PS4s were sold in Sony’s last financial year, ahead of the 17.5m it had forecast. Now the company has said that PS4 will shift a further …

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Nintendo estimates only 800k Wii U sales this year

Internal forecasts for the Wii U in Nintendo’s current financial year point to a possible cancellation for the hardware. Nintendo says it expects to sell just 800,000 units in the 12 months ending March 31st 2017. That compares to sales of 3.2m units for the machine in the financial year …

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Only PlayStation VR can be a mainstream hit, analyst claims

Of the three big players entering the VR fold this year, only one has a chance of being a mainstream hit. That’s according to DFC, which claims that the PS4 accessory will not only be the only successful VR player arriving this year, but also that it could propel the …

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Nintendo cuts earnings guidance, lowers 3DS sales forecasts

Revenues for fiscal 2016 are expected to be 12.3 per cent lower than originally predicted, Nintendo has told investors. The company now believes it will achieve sales of 500bn for the period, which is down from the previous forecast of 570bn. That’s also less than 2015’s 549bn. Nintendo has also …

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PS4 will sell 100+ million units, analyst predicts

Sony’s successful PS4 will go on to join its predecessors the PlayStation and PS2 by selling over 100m units worldwide, DFC Intelligence predicts. Only five consoles have ever hit that milestone – the record-holding PS2, DS, Game Boy, PSOne and Wii. Both PS3 and Xbox 360 fell between 10-15m short. …

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Global gaming revenue to reach $91.5bn in 2015, according to Newzoo

Newzoo has released info from its upcoming Global Games Market Report, with the research firm projecting worldwide revenue to jump 9.4 per cent to $91.5bn this year. Games Industry points to Newzoo’s findings, which also projects the Chinese market surging past US this year as the single largest contributor to …

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PS4 sales to outpace Xbox One by 40 per cent through 2018, analyst predicts

PlayStation 4 will beat out Xbox One over the first five years of the current console era, market research company Strategy Analytics has predicted. Games Industry reports on the firm’s findings, which claim Sony’s hardware will outsell Microsoft’s by 40 per cent and is on path to reproduce the success …

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