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Pemalite said:

Not ideal, but the market has such fierce competition from Sony, Microsoft and Nintendo that it's honestly super difficult to break into it.
It's all locked down... Which is why seeing attempts from Atari, Ouya, Intellivision and more just fail to gain traction, even if they legitimately had some novel ideas.

If the console industry is dominated by 3 companies and little chance for others to break into then is it really a competition? More like the competition is bleak. We're seeing this everywhere these days, where like 1 to 3 companies control an entire industry and people think that's "good competition" or good for the average consumer. It's not. It's a shame that even if a big name like Sega wanted to enter the console space it'd be incredibly difficult.