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
  • Augmented Reality (AR)
    Augmented Reality a $50 Billion Opportunity?

    This chart shows a forecast of virtual & augmented reality headset sales.

  • Video Game Industry
    The Most Important Gaming Platforms 2017

    This chart shows which gaming platforms are currently considered the most important by game developers.

  • IBM
    Top 10 U.S. Patent Recipients in 2016

    This chart ranks the Top 10 recipients of U.S. patents in 2016.

  • Gaming
    Compete Or Complete? Gender Differences In Gaming

    This chart shows the most common primary motivations for playing video games, by gender.

  • Video Game Industry
    PlayStation 4 Hits Milestone, Still Trails Its Predecessors

    This chart shows lifetime sales of the best-selling home video game consoles of all time.

You may also be interested in...
Infographic Newsletter

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

Download & Reference
You may also be interested in...
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. When publishing one of these graphics, please include a backlink to the respective infographic URL.

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 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 Robin Hüdepohl