Console Market not contracting, becoming more focused

[KBG29]

Not sure where the idea that the console market is shrinking is coming from. PS4 and Xbox One are going to sell more consoles in 5 years, than the PS3 and 360 did in their first 8 years on the market.

In fact the PS4 is very likly going to be the first console to surpass 200 Million units sold, and the XBO has a huge oppertunity to become the first 2nd place console to pass the 100 Million mark.

PS4 and XBO are on their way to replacing the PC in most homes, as they are cheaper, and more optimized for home computing. The addition of more and more apps via the UWA's on XBO, and the Sony's push to make PS4 the home of VR well beyond gaming is going to push these systems to levels we have never seen from consoles.

In addtion to expanding the capability of the devices, both Sony and Microsoft are expanding the market by offering entry level devices for the mass market, and premium devices to support the tech crowd. Neo and Scorpio will be a huge boon for both ecosystems.

The market shows no signs of consoles becoming less relevent, nor does it show a sign of gaining more focus. If anything the market is in its most rapid expansion since we saw the PS1 and PS2 expand it in consecutive generations, and the focus, while still on games, is also on creating extreamly optimized and open ecosystems to turn the home computing market into something much more like the smartphone market, and move away from the wild west PC landscape.