Market research and analysis firm DFC Intelligence expects global games industry revenues to rise from $60.4 billion (£41.9b) in 2009 to $70.1 billion (£48.6b) in 2015.

Following a decline in 2009, the firm actually forecasts that the overall market will continue to experience a downturn over the next few years due to a slowdown in the current console cycle, with most of the predicted growth occurring between 2013 and 2015.

“The overall game industry is expected to undergo a decline as more consumers embrace online business models, many of which involve a significant free to play component,” said DFC analyst David Cole. “These models may be more profitable than the traditional packaged goods business, but in the short term they provide less revenue.”

DFC expects online game revenue for PC to exceed $20 billion in 2015, while online console game revenue is forecast to nearly quadruple between 2009 and 2015.

“Online distribution and subscription models that worked on the PC are expected to come to the console systems over the next few years. This should help offset some of the decline at retail,” said Cole.

http://www.edge-online.com/news/dfc-global-game-revenues-to-hit-70-billion-in-2015

PC Gaming Revenue is 2009 was $13.1 Billions, so DFC expects over 50% Growth for PC. Consoles on the other hand, with my rough estimates from a Famitsu report, were possibly less than $20 Billion.

If this comes true, then Valve's Gabe Newell is right, and Console Gaming will die, making way for the Digital Services War.

Do you even listen to yourself anymore? The report you're sourcing expects the online console market to QUADRUPLE, and this means consoles are dying?

And if the online PC market is $20 billion, of a global market of $70 billion, where is the other $50 billion? Hmm....

Probably from the "dying" console gaming scene.

If next gen consoles are able to kill piracy (like PS3) then I don't see how PC gaming will give more revenues, plus online gaming is already enstablished on PC and relatively absent on consoles (not at PC levels) so even there consoles can grow more than PC.

Shio sure knows how to make a fool out of him and his 'superior master race'

Do you not know how to read an article?! It says that the ONLINE console market can quadruple, which is a but a tiny fraction of PC's HUGE online Revenue.

Read the article and what I wrote, because you missed some things:

In 2009, the entire games market was $41 Billion, out of them only $23 Billion was for Consoles+Handhelds (so domestic consoles were probably less than $20 billion in 2009) and PC alone was $13.1 Billion.

2009 according to Famitsu, PCGA crossover:
<$20 Billions on Consoles
$13.1 Billions on PC

What the article is saying is that DFC estimates that Console Games Revenue in 2015 will be even lower than in 2009. As the games are moving online, the retail will take a huge hit, just like what happened to PC. You gotta listen to the experts more, like Gabe Newell and Hideo Kojima.

In any case its probable at this point that the market share outside of Nintendo/Microsoft/Sony direct control (console/traditional handheld) will probably drop relative to Android, Apple, PC web, other web, direct TV etc. Its just a diversifying of the market outside of these three big players.

Awesome read. I love reading about PC superiority.

Just look at how MMOs destroyed PC gaming, that's going to happen to consoles sooner or later, it will happen!

1.  Here's the numbers in the article: 
-- total goes from 60b to 70b
-- PC online goes from ?? to 20b
-- console online goes from ?? to 4x??

You say that of 41b (pounds, actually 42b), PC was 13b and consoles (including handhelds) was 23b.  But where is the other 6b? 

Also, please don't use the dollar sign when you are indicating pounds, it's confusing and may lead to mixing the numbers which would be ... bad. 

2.  I don't see where the article concludes anything of the sort; in fact it says that the industry will be slow due to the impending end of this console cycle, "with most of the predicted growth occurring between 2013 and 2015."  Please show me where it says that the console industry will be smaller in 2015 than in 2009.  I think you may be misinterpreting lack of growth as actual contraction. 

3.  IMO, as long as console games are played from the disc online distribution will not be as prevalent as it is on the PC, where games get installed to the hard drive whether they are downloaded directly or from a disc. 

4.  Your soapbox doomsaying, (if this prediction happens) "Console Gaming will die", was completely unsupported regardless of the above.