Consoles Lead the Way in Record-Breaking 2015

It should surprise no one that video games are in an increasingly good spot financially, as the market seems to only be growing more and more each year. In 2012, Worldwide revenue for total video game sales (Including handheld, mobile, PC and Console games) was just over $77 Billion (US) according to statista.com.  In 2013, that number is estimated to have jumped to over $93 Billion, then to over $102 Billion in 2014. In 2015 video games are estimated to have made over $115 Billion.
Those staggering numbers mean great things for investors and consumers alike. More money is being pushed into the game market, and that means that more developers are getting more money for more games. Not only is the funding there like never before, this also pushes competition between older, “established” companies, and newer developers working to break out into the gaming spotlight. This is especially true of console games.
In 2015, console games accounted for $55.05 Billion of total sales. That’s almost half of the overall gaming industry’s income. Its no coincidence that this revenue came on the coattails of massively anticipated titles like Fallout 4, Halo 5, Destiny: The Taken King, and Star Wars: Battlefront. Major titles bring major sales. With long-awaited games such as Mass Effect: Andromeda, Uncharted 4, Doom, The Last of the Guardians, and Dark Souls III coming in 2016, this year looks to be another record-breaking year for console games.