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The Dominant Economic Features of the Global Video Game Industry Essay

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The video game industry is categorized with several economic features, identifying the economic features of the industry will help us to distinguish it, analyzing it and understand it (Thompson, Strickland & Gamble 2007, p. 53). Furthermore, to help in profiling the global video game industry, rudiments features summarized by Thompson, Strickland and Gamble (2007, p.35) can be utilized as follows:

  1. Market size and growth rate
In 2010, the video game industry is projected to be a $39 billion industry (Refer to Exhibit 1), that represents a $9 million increase since 2002. This value of the market; however, is not only based on video games application, it includes manufacturers of hardwares consoles and mobile gaming, handheld hardwares , games designed for mobile phones and PCs, Online games and interactive TV.


Exhibit 1   ACTUAL AND PROJECTED SIZE OF THE GLOBAL MARKET FOR VIDEO GAMES, 2002–                       2010 (in millions)
|                                                            |2002           |2003           |2007           |2010           |
|Console Hardware                                             |7,187         |6,047         |6,445         |5,358         |
|Console software (both sales and rentals)                   |14,922         |16,449         |13,969         |13,077         |
|Handheld hardware                                           |1,307         |1,501         |1,925         |1,206         |
|Handheld software (both sales and rentals)                   |2,326         |2,238         |2,693         |1,602         |
|PC software                                                 |3,707         |3,806         |3,135         |2,617         |
|Broadband                                                   |290           |497           |2,137         |4,106         |
|Interactive TV                                               |133           |249           |1,955         |4,130         |
|Mobile phones...

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MLA Citation

"The Dominant Economic Features of the Global Video Game Industry". Anti Essays. 16 Dec. 2018

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APA Citation

The Dominant Economic Features of the Global Video Game Industry. Anti Essays. Retrieved December 16, 2018, from the World Wide Web: http://parimatchstavki7.com/free-essays/The-Dominant-Economic-Features-Of-The-635053.html