Info on Future of Video Games 2005 by Kagan Research-- Xbox 360 to Double Nintendo Revolution Sales by '10

Added 06/21/2005 by Kisan Parikh

Future of Video Games 2005, a new report from Kagan Research, provides a look at the impact of the next generation consoles on the industry and assessments of market growth. This along with revenue projections for hardware and software sales from '05- '10 makes this report very insightful.

According to this report, the total industry sales will reach 16 billion dollars in '07, and this is a 61% increase from 2004 sales. Software sales in the United States will increase and reach $8 billion by 2008. This is a 30% increase from 2004. One startling number is that by 2010, 54 million U.S. households will own at least one console. Most of these will have both a standard and portable console.

"We believe Sony PS3 will be the strongest seller of next-generation videogame consoles. However, Microsoft's Xbox 360 will narrow the gap with Sony to come within 28% of the PS3 installed base -- selling almost twice as many next-gen consoles as Nintendo Revolution by 2010." --Kagan analyst Irina Mulvey,

This report contains projections by console till 2010 including: Units Sold, Software titles, software sales, and more. Also the report contains information on the upcoming console releases and their console performance in the market. The report contains financial information of software and hardware companines as well. For the table of contents of Future of Video Games 2005 and more information, check out www.kagan.com