NEWS - Wednesday, October 12, 2005


Videogames Save Entertainment Industry

Videogames Save Entertainment Industry According to the latest report by global financial services and consulting firm PricewaterhouseCoopers, the videogame sector of the global entertainment industry will contribute significantly to industry growth through 2009. The report states that, as a whole, worldwide entertainment revenues will grow by 7.3% to $1.9 trillion. However, the videogame sector will grow by an incredible 16.5% to reach $55 billion by 2009 with this amount not even including hardware sales. On a geographic basis, the Asia-Pacific region is projected to be the largest with $23 billion in sales and 18% annual growth. Following that region is Europe which will experience an annual growth rate of 19.1% and sales of $14.3 billion in 2009. Lagging behind the other regions is the United States which is expected to have a 2009 growth rate of 12.1% and annual sales of $15.1 billion. The report cautions that these projections are highly dependent on the success of the next-generation gaming consoles to be introduced by Microsoft, Sony, and Nintendo. The embedded online capabilities expected in the next-generation consoles as well as the global growth in broadband capabilities should also provide a significant boost to online gaming, according to the PWC report.
Source: http://www.ign.com

Site Statistics

Registered Members: 53,668
Forum Posts: 725,938
Xbox One Titles: 3,954
Xbox 360 Titles: 1,086
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 586
Original Xbox Titles: 987
Staff Reviews: 2,234
Member Reviews: 10,339
News Articles: 16,221
Screenshots: 35,825
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News





RPG Sword of Elpisia Out Now

RPG Sword of Elpisia Out NowFrom a strange meeting between Aldo, a young man who makes his living repairing magitools, and Alice, a girl, all alone with no family, a journey to find a place to live begins.




See News Archives

Community Forum Activity

2021: XBA is still here
Post by shrew king
12 Replies, 22480 Views

Watch Dogs: Legion
Post by Nato King
0 Replies, 43464 Views

Xbox Series X or S
Post by Nato King
5 Replies, 56478 Views

Spellbreak Grand Magus Pack (3) and Starter Pack (7) Giveaway!
Post by Variation-XBA
0 Replies, 52001 Views

I pay $ 1000! I search the Element 54 Canadian launch Team signaturen Faceplate
Post by Smill
0 Replies, 54329 Views

Xbox one no signal
Post by debrartin
0 Replies, 66429 Views

do you remember?
Post by SnoochyBoochy
3 Replies, 69275 Views

i haz xbox
Post by SnoochyBoochy
0 Replies, 56785 Views

Claiming the first thread of 2020
Post by Kraft
7 Replies, 96252 Views

Important! I pay $ 1000! I search the Sweden launch and the Element 54 Faceplate
Post by Smill
3 Replies, 56044 Views

Squad Up
Post by samslophead
0 Replies, 114717 Views

TERA Skinned Xbox One X Giveaway!
Post by Variation-XBA
0 Replies, 83844 Views

Starfield Release expectations?
Post by DJ tx
4 Replies, 152782 Views

Issue with Xbox live on Xbox home
Post by rcmpayne
0 Replies, 97124 Views

Happy Birthday, Me.
Post by SnoochyBoochy
4 Replies, 122762 Views

© 2000-2022 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics