Alright folks, it’s time to chat about video game consoles and their future. I get it—thinking ahead can be a bit daunting. Recently, a research firm took a stab at predicting what’s on the horizon for our beloved gaming systems. The verdict? Either PlayStation or Xbox will hit the jackpot while the other struggles to avoid the third-place spot. Meanwhile, Nintendo seems to be in a comfortable position.
This insight comes from the market research company DFC Intelligence, as shared by VGC. They just released their annual report and forecast, which outlines potential developments from now up until 2030. I know, 2030 sounds like it’s light years away, but it’s creeping up on us faster than we’d like to admit.
Let’s get into the details. According to DFC, the market can really only support two major console contenders. This means either Sony or Microsoft will battle it out for the top two spots, while the other might end up in third, depending on who gains early traction in the next console generation.
Factors that will play a crucial role in who takes the lead include essential elements like pricing and launch dates. Both companies have strong reasons to be optimistic, at least when they’re reporting to their investors. DFC highlights Sony’s devoted fanbase and robust intellectual property, while pointing out that Microsoft’s recent acquisitions may allow them to shift focus more towards software and distribution over hardware.
As for Nintendo, it seems poised to enjoy success with a potential successor to the Switch, dubbed the Switch 2. The firm expects Nintendo to emerge as the “clear winner” thanks to an earlier release and less direct competition.
DFC also forecasts that by next year, the gaming industry will bounce back to a healthy growth pattern. This renewed momentum is credited to new hardware from Nintendo and the much-anticipated launch of GTA 6, promising relief from the post-Covid pandemic slump. Let’s hold onto the hope that this could lead to fewer layoffs in the gaming industry every few months.
So, what are your thoughts on how the gaming console scene will unfold over the next five years? Share your opinions in the comments below!
