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I dont think it has grown since the PS2 era, but it doesn't need to grow really.

I think the share of hardcore+core casual gamers has stagnated since the PS2: about ~140-160 million. It's the Wii/DS era non-gamers that give a distorted picture. Those people were never into gaming and didn't stick around when the hype was over.

PS360 has the same amount of sales as PS2-minus 1/3rd userbase(if you count them as the non-gamer, Singstar, Eyetoy crowd), add Gamecube and Xbox= ~150-160M

PS4+Xbone+WiiU= likely gonna end up with ~150-160M between them

If the Switch is a success, say +80M, PS5 also gets to 100M, Xbone 2 does a little better than Xbone 1, it would be another healthy console market generation.