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Forums - Sales - The US Game Market is Bigger than the DVD Market

This does seem to call into question the notion that the blu-ray market is worth losing the video game market for.

I'd wager the profit margins are higher on video games as well.

http://www.gamespot.com/pages/news/show_blog_entry.php?topic_id=26464499∂=rss&tag=gs_news&subj=6193240

According to the NPD Group's year-end figures, the US retail gaming industry took in $18.85 billion during 2007. That's nearly twice the Motion Picture Association of America and Nielsen EDI's record-setting US box office take of $9.6 billion for the year. The gaming industry even surpassed DVD sales in 2007, reported to be $16 billion by the Digital Entertainment Group and $15.9 billion by Adams Media Research.



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Dam, now thats amazingly good news



 

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Yeah, and I think the DVD market finally stopped shrinking recently too. Just goes to show you how big video games are these days.

@ Fishy: You are definitely right, but Blu-ray is a lot more than just movies. The BDA gets a kickback on players, blank media, recorders, video games on Blu-Ray, Blu-Ray movies, pretty much anything using some form of the technology.



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impressive but unfortunately the video game industry doesn't get the respect it deserves.



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Akuma, you are right, but like I said I think the profit margins are higher on video game related products. All I'm saying is it's not so clear cut that blu-ray is quite the juggernaut that some make it out to be. It will make money, but it will take a long time to do so and the payoff might not be so huge as winning the video game wars.



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The year before the DS launched, the games industry was a "normal" industry, doing average growth rates.

It was even predicted that mobile games industry would surpass it in terms of revenue by 2010.

The market has exploded since, with huge worldwide growth rates every year - and this year is no exception. By the end of this year, the US games industry may be worth the DVD industry AND the movies combined.

I can't imagine there is any industry with growth rates even close to comparable - and even more so in times when the economy is suffering.



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great news for the video games industry



That is awesome news. The video game industry will finally be respected for the mega-important industry it is. =)

How much of that DVD money was Blu-Ray sales, I wonder? Are the Blu-Ray (and HD-DVD, if its 2007) sales included in the total?



Well remember that includes handhelds, which Blu-Ray had no effect on. Plus DVD's and DVD players are so cheap now. Blu-Ray will be worth going from roughly 70% to roughly 25-30% in the gaming market.



Mifely said:
That is awesome news. The video game industry will finally be respected for the mega-important industry it is. =)

How much of that DVD money was Blu-Ray sales, I wonder? Are the Blu-Ray (and HD-DVD, if its 2007) sales included in the total?

 

 To answer my own question, I looked around a bit -- the info wasn't hard to find, although I am too lazy to find it again and post a link.  Blu-Ray sales are not included in the DVD total... however, they only amounted to $0.26 billion USD in 2007, so they are relatively inconsequential.

Some studies seem to suggest that Blu-Ray may hit about $1 billion this year (2008), and ~$10 billion by 2012, however.