According to a report, “Taming the Waves: Games Console Life Cycles and Platform Competition,” Strategy Analytics Connected Home Devices service have predicted that the Playstation 3 will outsell the Xbox 360 and Nintendo Wii over the lifetime of this console generation.
The Analysts predict that the Nintendo Wii console sales will peak in 2011, whilst the Xbox 360 and Playstation 3 will peak between 2012-2014. They also predict The Playstation 3 will continue to be a commercial platform 5 years after Nintendo have released a sequel to the Nintendo Wii, selling a predicted 127 Million units compared to the predicted 103 Million Nintendo Wii's.
Press Release
BOSTON --(Business Wire)-- Mar 08, 2010 Sony’s PlayStation 3 (PS3) games console will sell more units than its rivals over the lifetime of the current generation, according to new forecasts published by the Strategy Analytics Connected Home Devices service, ahead of this week’s Games Developers Conference (GDC) in San Francisco. Although global sales to date of the Nintendo Wii have exceeded those of the PS3 and the Microsoft Xbox 360, this report, “Taming the Waves: Games Console Life Cycles and Platform Competition,” predicts that the PS3 will still be a commercial platform five years after the Wii has been replaced. Lifetime PS3 sales are predicted to reach 127 million units, compared to 103 million Wii units.
“Nintendo has done a great job with the Wii in bringing console games to new audiences,” says David Mercer, Principal Analyst and report author. “But its sales are now falling, particularly in mature markets, and its installed base will peak in 2011. Ownership of both the PS3 and the Xbox 360 will hit their highest points between 2012 and 2014.”
The report predicts that worldwide TV games console sales in 2010 will fall by 9% to 47.5 million units; sales of the Wii are expected to reach 17.5 million units, the PS3 14.0 million, the Xbox 360 10.5 million and the PS2 5.5 million.
In spite of falling sales, the global installed base of consoles continues to grow, reaching more than 220 million by the end of this year. However, Strategy Analytics models indicate that ownership of current systems will peak in 2011, at which point vendors will need to introduce new systems in order to maintain industry growth.
“Console industry cycles have given the industry major planning challenges for many years,” says Mercer. “There are signs that this volatility may be moderating as platforms add home entertainment and social networking services beyond pure gaming.”
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Headquartered in Boston, MA, with offices on five continents, Strategy Analytics, Inc focuses on market opportunities and disruptive forces in emerging technology, communications and media sectors. For more information, please visit www.strategyanalytics.com
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