2 reasons, which work hand in hand, could cause a "crash". I say crash that way, because it will be much less sudden than the north american console crash of 1983 (I refuse to call it the great videogame crash because gaming was still fine on computers in the US and everywhere else on their respective devices) and more a slow descent in sales.
Shitty practices from Videogame companies, both AAA and smaller development companies driving older gamers away, while the market's almost exlusive focus on adult male gamers keeps new gamers from entering the market proper. This holds especially true on PS4 and Xbox ONE, much less so on PC, Smartphones and Nintendos consoles.
A situation like this one already happened before, that time in the north american comics market during the late 80' and 90', where the market crashed due to the older readers stopping reading but no new readers coming to replace them and forcing both Marvel and DC both to sell their companies at a later point to movie studios and to reinvent themselves in the short term.
Since however only a fraction of gaming is will be hit by a similar event, it will not really crash, just the yearly consoles sales will continue to go down like they do for several years now (since 2008 iirc)
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