According to a report on the Video Game Market from Research and Markets,
In spite of the global economic depression, the popularity of video games continues to soar. Since 1995, when the top-selling Sony PlayStation first hit the market, nearly three billion video game and leisure software units have been sold globally. In the year 2002, 30 million Sony PlayStation 2, Microsoft Xbox and Nintendo GameCubes were sold worldwide. The global market for video games is expected to reach a peak of $35.8 billion in 2003. However, the cyclical nature of the market is expected to drive sales downward to about $28.3 billion in 2006, at an average annual growth rate (Aagr) of -0.4% from 2001.
Interesting that they expect it to drop in a cyclical pattern. Pity I can’t afford the full report which costs EUR 480.
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