 |  | Wednesday, 27 February 2008 |
The Average American Spent 75 hours in 2003 playing Video Games
6 Oct 2004
October 6, 2004 -- he Console Wars II spotlight report looks behind
the hot graphics and slam-bam action of video and console games to
provide an in-depth look at this vast and burgeoning market, which
was estimated to reach nearly $24 billion worldwide in 2003 with
spending projected to grow faster over the next four years than any
other entertainment or media market. Electronic Arts, the leading
video game maker, is now the fourth largest software company in the
world, behind only Microsoft, Oracle and SAP. The average American
spent 75 hours in 2003 playing video games, double the time spent
in 1997 -- only Internet usage is growing faster. The growing
adoption of broadband Internet, the popularity of console gaming
and the emergence of next generation mobile technologies are all
converging to drive the video game market to dizzying new levels.
The Console Wars II Spotlight Report Answers These Key Questions: -
How big is the worldwide gaming sector? - Who is the typical US
video gamer? - Which company is winning the console gaming war? -
What game titles are hottest? - Are MMOGs the cash cow many had
hoped for? - How big will mobile gaming become? - And many more...
Here is an example of the type of statistics and analysis that fill
the report: Worldwide Games Market According to Zona, Inc., a
gaming solutions provider, the total gamer universe, across all
platforms, was 430 million people worldwide (7% of the world's
population). Online gamers represent only about one-quarter of the
number of total gamers, although many gamers play across different
platforms. Worldwide gaming revenues, including hardware, software,
mobile and online will generate $31.37 billion in 2003 and grow to
$39.02 billion in 2010, according to Informa Media Group. Console
software, at $16.45 billion in 2003, makes up the largest component
of the total market. |
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