Not really. With the exception of Forza Horizon 3, you can say that QUALITY is down more than anything else.

The way GTA5 still selling, it'll be 3-4 years.

Rockstar doesn`t announce games with more than one year between announcement and release. But it is coming, I bet that it already in development and have been for some while. GTA 6 could be a 500 million dollar game easily. GTA IV was 100 million, GTA V was 250 million. 

Golden Sun?

FZero, Earthbound, Punchout and a lot of others are also down as well, not sure why you didn't include those games as well

Was this a deliberate point farming thread? Hmmmm

Yeah, disaster has surely struck when the industry has gone from approx. 26.3 billion dollars in 2006 to a paltry 99.6 billion dollars for 2016. Imminent disaster. And, no, it's not just mobile, mobile makes up roughly 37% of the market as of today. That means significant growth across the board and across several market segments. In other words; I agree 100% with this post.

If OP had asked; "Is the gaming industry about to hit its peak in global revenue?", that would have been a more realistic, and interesting question.

Thanks for the facts. Much appreciated.

A lot of ways, it already did last generation. A lot of studios went out of business in the past decade and were shut down.

If we were on a bubble, maybe. But I dont understand business enough to know how "bubbles" work.

Anyway, not really. PS4 + XBO are a huge success. Software overall have been selling really well. There's always a new success (Destiny, Watchdogs, Splatoon, Rocket League, Overwatch, Stardew Valley, Shovel Knight), and some older franchise have bigger userbases (The Witcher, GTA, Smash, Fallout, Dark Souls, Rainbow Six). Handhelds are down (and pretty much dead), but home consoles are at the very least in their second largest generation (and with PS4 Pro and Scorpio coming, there's still room for growth). Also, VR might last longer as a gimmick than motion controls. Lastly, have you seen the graph about all the Steam games released this year? PC gaming is also gigantic and growing every year!

The main and most important fact is that hardcore gaming right now is huge, and the industry is becoming more and more mainstream each year.

375 million*