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There are enough competitors in the market. What there isn't enough is competition. SteamBoxes are not really competing in any way. Their hardware is more expensive, its support will be smaller due to SteamOS (and because the fact publishers can controll their prices better on consoles than on PCs, and they won't abandon that for now), and they don't offer anything that can't be obtained on PC.

If other companies enter to the console wars, they will aim for micro consoles that have tons of services besides gaming. The regular console market is getting too expensive to develop (unless you're GTA or other big title, the cost of making games is growing faster than the userbases), most companies are migrating to smaller and safer developements (mobile), and most companies are putting too much pressure on consumers (pay for online, preorder bonuses, DLC, microtransactions...).



You know it deserves the GOTY.

Come join The 2018 Obscure Game Monthly Review Thread.