The chief analyst at Screen Digest, Ben Keen, has said that a trio of new consoles will not help to stimulate an ongoing seven-year slump in the games market.The analyst predicted that UK sales will not hit the sales high of £2.5 billion encountered in 2008 again until 2015 with predictions of new consoles coming to the market in 2012.
Speaking to an audience at the 2010 London Games Conference, Keen explained of the current market that “We are really at a tipping point here", emphasising that if the digital and social markets of the games industry were not as strong now that the industry as a whole would be in a much worse state.
Keen also highlighted that the overall decline will stick around for some time due to things such as a cyclical hardware decline, piracy, the pre-owned market and the growth of social gaming.
Do you think Keen's observations are accurate? Or is it another case of an analyst wanting to be heard? Any thoughts, feel free to post them down below.
Source:
MCV