Soundwave on 09 September 2014
Physical home consoles will be largely gone IMO. Games will be streamed to households alongside movies and cable TV programming ala carte ... you can order whatever you want, whenever you want it. VR will branch out becoming its own entertainment type medium.
You'll be able to have photorealistic 3D graphics even on a phone. The $50-$60/game model will be dead by and large, all games will be digital only (no physical media). Your kids will laugh at you when you tell them you had to drive to the store to buy one single game that came on a plate sized shiny disc for $60 a pop.
