No. Why? New consoles were just released, they can't do any magic. Again, you selected data that makes no sense to be good enough for comparisons worth trying to interpret.

what you are perceiving as falling sales are just due to the introduction of new consoles.
People stop buying the previous gen because they are either wanting to buy the new gen or because they are waiting for that inevitable price drop.

You cannot lump all consoles together for a year and count that as an average statistic. Of course 2012 would be lower than 2011, the DS, PSP and Wii saw a massive sales drop off, and new gen console sales take a while to pickup due to cost and new game experiences.

The fact is that the new generation, 3DS VITA XBONE, PS4 and Wii U, are steadily growing and i advise you compare the 2013 EOY hardware totals to the 2007 EOY hardware totals.

Simply put, you cannot compare the end of a generation to the start of a generation. You need similar data sets.

It's too soon to tell. Xbox One and PS4 aren't going to make up for the declines of older devices over night. In terms of all consoles, portable and home, then it's highly unlikely this generation will show growth from the last.

We had a strong Nintendo home console for a chunk of the generation, which created much of the growth early in the generation, and we had one strong portable (PSP) and one incredibly successful portable (DS), alongside two slow-burn but ultimately very successful consoles in 360 and PS3.

Now, it's very early days still, but we have a Nintendo home console that is so far, Nintendo's worst performing machine, and we don't know yet how this will pan out, but that already robs this generation of the growth curve of the Wii. Vita is never going to match PSP, and 3DS is never going to match DS. Even if we say that Wii U will sell 20 to 40 million, Vita 20 to 40 million and 3DS 100 million, that's a loss of 130 to 170 million hardware units from one generation to another. It is far too soon to say that PS4 and Xbox One are going to be so successful as to make up for these losses, but with at least three consoles (even the successful 3DS) showing generational declines, PS4 and Xbox One will be hard pressed to show growth from their predecessors and offset the broader declines.

I'd say it's likely the console industry will shrink in terms of units sold, but it's important to remember that number isn't an equivalent for the loss of consumers. Obviously some consumers will be lost, but because of multiple hardware ownership, it won't be so high as the 130 to 170 million units suggests. It's also very important to remember this is the most turbulent period in the games industry since Nintendo entered in the 1980s. The enormous success of launches should be celebrated, but they shouldn't be used to hide the challenges ahead.

That was pretty much entirely the Wii which caused that console growth. 

XBox 360 + PS3 = 160 million (give or take)

PS2 + XBox = 172 million

So Sony/MS sold roughly the same, only thing that changed is they basically split their market. 

Nintendo went from 22 million GameCubes to 100 million Wiis. That's where your console growth came from. 

DS 2010 is just wow, and that's just 11 months. Even the 360, PS3 and 3DS haven't matched those numbers for a complete year.. well at least until this year hopefully the 3DS will get some decent numbers.

I'm pretty confident they will manage to catch up to them before they get discontinued.

And are you saying the wii isn't a console? Then what's the wiiu?

I'm saying last generation likely won't be repeated. PS4/X1 will probably sell the same as the 360/PS3, just with a different split. 

There is no equivalent to the Wii this coming generation though. Wii U will be a GameCube. There's a lot of people who bought Wiis that won't be buying a console this generation. 

The growth the industry enjoyed last gen was pretty much entirely driven by Nintendo. 

Nice analysis. That´s what I think too. I don´t see this new generation selling as successfull as the last one, which saw inflated numbers from Nintendo consoles and casual gaming  (Kinect, Just Dance, Guitar Hero etc ).  I do believe that casuals are not coming to games anymore and that will reflect directly in the decrease of sales. 

I'm actually surprised PSP sold more than Vita this year...
Wii U is terrible too. The two platforms are brilliant and need to succeed in sales !

Well it's true the wiiU probably won't reach the level of the wii.

But one important think that I believe you are forgetting is the growth of consoles sales in markets that aren't the classic 3.

I'm pretty confident we won't be dissapointed by sales this gen