PS4 and Xbox One Digital Games Purchases to be 34 Percent of Total Spending by 2017 – Analyst

In comparison it was only a mere 8% across the PlayStation 3 and Xbox 360 in 2008.

Posted By | On 08th, Nov. 2013

xbox-one_ps4
With digital delivery being the current trend, more and more gamers will be making digital purchases on next-gen consoles according to a study by Piers Harding-Rolls, Head of Games at IHS.

His study forecast that by 2017, digitally distributed games and gaming services will represent a 34 percent share of total games spend across the PlayStation 4 and Xbox One. The report also revealed that back in 2008, it was a mere 8 percent across the PlayStation 3 and Xbox 360.

Piers believes that publisher ambition to have their games digitally available is one of the reasons behind the increase. “Those titles that have already experimented with digital ‘day and date’ releases alongside boxed versions have enjoyed a small but growing digital share of total sales volume, but IHS predicts that by 2017 new releases could be enjoying up to 18% digital sales depending on geography,” he said in a press release sent to GamingBolt.

Piers also claims that the pricing model, discover-ability and accessibility of digital content will push digital sales. It’s no secret that both Sony and Microsoft are going digital in a big way with Gaikai and Azure cloud technology respectively. Valve has already seen great success with their digital distribution platform Steam, when they reached at all time high of 65 million users recently.

He further believes that “the shift to digital consumption coupled with lower up-front investment in console hardware design and custom components is expected to lay the foundation for stronger profitability for the platform holders across the next generation when compared to the PS3/Xbox 360 consoles.”

Interesting take. We will see how it pans out in the coming years.


Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Final Fantasy 7 Rebirth is the Fourth Best-Selling Game of 2024 in the US

Final Fantasy 7 Rebirth is the Fourth Best-Selling Game of 2024 in the US

Throughout the long history of Final Fantasy releases, it ranks 14th in lifetime dollar sales. Final Fantasy 7...

Starfield is Finally Getting a Land Vehicle

Starfield is Finally Getting a Land Vehicle

Mod support is also getting some new details soon, with Bethesda sending access to creators for the Creation K...

Starfield’s Next Update Adds 40 FPS, 60 FPS and Uncapped Frame Rates on Xbox Series X

Starfield’s Next Update Adds 40 FPS, 60 FPS and Uncapped Frame Rates on Xbox Series X

Console players can select a target frame rate and prioritize Visuals or Performance. Uncapped frame rates are...

Starfield’s Largest Update Launches on May 15th, Adds Surface Maps, Extreme Difficulty, and More

Starfield’s Largest Update Launches on May 15th, Adds Surface Maps, Extreme Difficulty, and More

New interior customization tools for space ships, respeccing your appearance and Traits in New Game Plus and m...

Batman: Arkham Shadow Announced for Meta Quest 3, Launches This Year

Batman: Arkham Shadow Announced for Meta Quest 3, Launches This Year

Developed by Camouflaj of Marvel's Iron Man VR fame, the VR title will be unveiled in full at Summer Game Fest...

Helldivers 2 Ranks 7th in Lifetime Dollar Sales for Sony-Published Titles in the US

Helldivers 2 Ranks 7th in Lifetime Dollar Sales for Sony-Published Titles in the US

Arrowhead Game Studios' acclaimed co-op shooter is still the best-selling premium title of the year to date in...