Can New Consoles Revive the Ailing Gaming Industry


Later today, Sony is expected to finally announce the release date of its new gaming console, the PlayStation 4. Sony will hold a press conference at the world's largest video game expo Gamescom, which annually draws hundreds of thousands of gamers to Cologne, Germany.

Ever since both Sony and Microsoft officially unveiled their new consoles at this year's E3, video game enthusiasts around the world have been waiting for information on when they can get their hands on the new hardware. But it's not only the consumers that can't wait for the new consoles to arrive. The video game industry is in desperate need of a momentum shift, as both hardware and software sales have continuously plummeted over the past few years. Between July 2010 and July 2013 video game hardware and software sales in the U.S. dropped 68 and 48 percent, respectively, a testament not only to the increasing shift to digital gaming content but also to the lack of excitement the current generation of consoles is able to spark after seven years on the market.

Nintendo's Wii U has thus far failed miserably to put the spark back in the gaming industry. Now it's time for Sony and Microsoft to bring out the big guns.

Infographic: Can New Consoles Revive the Ailing Gaming Industry | Statista
Related Infographics
  • News Industry
    Millennials More Inclined to Pay for Entertainment Than for News

    This chart illustrates the willingness to pay for media among millennials.

  • Video Game Industry
    Next-Gen Consoles Revive Video Game Hardware Sales

    This chart shows the year-over-year growth of video game hardware sales in the United States.

  • Video Game Industry
    Video Games Are Getting As Expensive As Movies

    This chart shows the estimated production budgets of the most expensive video games of all time.

  • Video Game Industry
    Sony Is King of the Videogame Mountain Again

    This chart shows combined world-wide sales of consoles and hand-helds ending in March of year shown.

  • Video Game Industry
    Sony Trumps Nintendo in Shrinking Console Market

    This chart shows video game console sales of Sony, Nintendo and Microsoft.

You may also be interested in...
Infographic Newsletter

Statista offers daily infographics about trending topics covering Media and Society.

Download & Reference

Who may use the "Chart of the Day"?
The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista.

Which topics are covered by the "Chart of the Day"?
The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", , which inlcudes current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.

Can Statista create customized charts?
Absolutely! For information on tailor-made and sector-specific Charts of the Day, please contact Jan Ahrens