Value of Irish Games Market + Revisions

[Jamie Mc]

[Anonymous]

as mentioned elsewhere on the vast internet, the deduced reasoning for reduction in revenue is for people saving for the newly announced consoles, just in case anyone see’s the number going down and is getting worried :)

[Jamie Mc]

The trend is always the same

Just remember the lifecycle of console (which drives the retail sales)

First year – Full price console at pioneers, early adopters plus games at full price

Second year, full price, but with early mass market following, and bigger range of games coming out to drive the sales

Third year on, price of console starts to drop, games come out on platinum etc, and these latecomers also generally buy fewer games compared to more enthusiastic fans early on.

But what’ll be interesting is what year 1 and 2 of the next console phase.

So anyway, I’ve put together a graph. Just remember, red = actual sales through the till, green includes estimates for the stuff that doesn’t. VAT would only ever be calculated off the red one.

[Anonymous]

Interesting to see that in 2008, the year the "recession" really started to come into swing, the gaming industry jumped nearly double their previous year revenue.

[Jamie Mc]

People cut back in non-essential areas, but will always retain a primary hobby ;p

I think the green and red bars would have only really to begin to separate from about 2009 anyway, as app stores, free to play, dlc became more bedded in. So people spend about the same amount, just differently.

[Jamie Mc]

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