“PC gaming is dead”, that’s a phrase you will run into often today and whether it’s true or not, we are about to find out. First, let’s check out the statistics.
Not too long ago, SuperData released a report that detailed the overall expenditure on downloadable games. The report used data sampled from game developers and publishers, payment providers, and of course the millions of gamers worldwide.
In this report, it became clear PC gaming is an undervalued space. How? You may ask. Well, it turned out that PC gaming consoles total revenue in 2016 was $34 billion, just $7billion shy that of mobile gaming which peaked at $41 billion. Not to mention that the report didn’t take into account retail PC gaming sales meaning the figure could even be slightly higher than that.
Another report by NewZoo estimates the console game software at $25.1 billion.
In 2016, the PC gaming hardware was found to have grown faster than expected. This was according to a report by John Peddie Research (JPR). Estimates for that year were in excess of $30 billion and this included the market for both pre-built as well as DIY gaming PCs.
Surprisingly, previous reports had predicted that the PC gaming market wouldn’t be hitting the $30 billion mark anytime soon but looking at the data we have right now, this points to an undervalued market.
With the rise of mobile gaming, console gaming and very recently, virtual reality, many experts questioned the future of PC gaming but contrary to the dark predictions, PC gaming market continues to break barriers.
Virtual reality gaming generated an estimated $2.7 billion and this is partly due to the fact that the VR headsets still cost relatively higher than other gaming systems.
Already, we have seen top players in this industry like Microsoft launching the next-gen consoles i.e. Microsoft Project Scorpio. Also, we’ve seen powerful PCs and GPUs being launched just recently during CES 2017 with more being expected over the year.
And from the reports, what’s really driving the revenue in PC gaming include the free-to-play MMOs and social network-based gaming. League of Legends, which is a free-to-play title, grossed the most income in PC gaming.
At the moment high-end Laptops, like the gaming laptop under $300, and PCs for gaming seem to be doing better and this is partly due to the fact that there’s a part of PC gaming that neither mobile gaming nor console gaming can replace.
In the wake of upgrades such as the Windows 10 OS, the switch to other emerging gaming system might just take a little longer, or maybe it will never happen.
Statistics put the PC gaming growth rate in sales at 26% every year. Keep in mind that emerging VR systems such as the Oculus Rift and HTC Vive require top-grade hardware in order to run at a quality/frame rate that you would call decent.
So to wrap up, Computer gaming isn’t really dead as many would like to believe. With emerging new technology, expect a lot more in this space in terms of more powerful and sophisticated gaming PCs, PC games and other systems that work alongside them.