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!

Keep On Reading!

Borderlands 4’s Endgame is “Very Ambitious,” Says Creative Director

Borderlands 4’s Endgame is “Very Ambitious,” Says Creative Director

Gearbox's Graeme Timmins said the team has "thought about" the shooter's endgame "from the jump" and has some ...

Mandragora: Whispers of the Witch – New Game Plus Update is Live, 3 New Weapons Also Added

Mandragora: Whispers of the Witch – New Game Plus Update is Live, 3 New Weapons Also Added

Those who finished the game can embark on multiple New Game+ cycles against tougher enemies and uncover improv...

Jurassic World Evolution 3 Trailer Showcases the Lokiceratops

Jurassic World Evolution 3 Trailer Showcases the Lokiceratops

As a ceratopsian, the Lokiceratops is distinguished by its curved horns and social nature, though it can be fi...

Splitgate 2 Interview – Post-Launch Content, Player Feedback, Console Performance, and More

Splitgate 2 Interview – Post-Launch Content, Player Feedback, Console Performance, and More

Co-founder and CEO of 1047 Games Ian Proulx was kind enough to answer some of our questions about competitive ...

ROUTINE is Still in Active Development, Approaching “The Finish Line”

ROUTINE is Still in Active Development, Approaching “The Finish Line”

Regarding the release date, developer Lunar Software is "confident that we’ll be able to share more news on ...

Steel Hunters is Ending Development With Servers Shutting Down on October 8th

Steel Hunters is Ending Development With Servers Shutting Down on October 8th

After entering early access in April, Wargaming says that "continuing development" on the free-to-play PvEvP s...