DFC Intelligence has released an abstract for their forecast for the game industry, one which paints a less than rosy picture for game console products sold at retail. DFC says the retail console software market peaked in 2008 at approximately $30 billion worldwide. The firm forecasts a continuing decline in the market for both console and handheld software settling at about $23 billion worldwide in 2015. DFC also predicts the global market for all game sales will end up down 12 percent in 2009 compared to last year, and will continue to remain flat through 2012. The firm s analysis points to one bright spot, predicting that global revenues from digital distribution of game content will grow by more than $10 billion by 2015.
Read more at DFC Intelligence’s abstract {link no longer active}.
