The latest report by IHS, a "leading source of information, insight and analytics in critical areas that shape today’s business landscape", paints a crystal-clear picture of the console market within the gaming industry.
Sony's PlayStation 4 is the clear dominator. According to IHS, the console had a 38.3 million strong installed base at the end of Q1 2016 with a projected installed base of 53.3 million at the end of 2016.
Microsoft's Xbox One, on the other hand, had a 21.2 installed base in Q1 2016 and IHS estimates that it will reach 28.7 million by the end of this year, thus widening the gap with PlayStation 4. Nintendo's WiiU is even further behind in the race, though that's no news at this point; its 13.1 million installed base is only expected to grow by 2.8 million by the end of 2016. Then again, Nintendo is fully focused on the NX now as it prepares the 2017 launch of the new console.
This is reflected in the following graph focused on console "content and services" spend for 2016. PlayStation 4 will get 59% of the pie, Xbox One about 35% and WiiU only 6%.
Of course, with the PlayStation 4 NEO now confirmed, Xbox One Scorpio heavily rumored and Nintendo NX due in 2017, this scenario might change drastically in the next year or so. We'll make sure to keep you up to date
About the author: With over two decades of experience in gaming journalism, Alessio Palumbo has led the gaming vertical at Wccftech since August 2015. He started working at a young age for Italian websites like Everyeye.it, Gamestar.it, Nextgame.it, and Multiplayer.it before kickstarting the indie English-language publication Worlds Factory as its founder and Editor in Chief. In the last decade, he has coordinated the overall output of Wccftech's gaming section, managed PR relations, assigned reviews, produced daily news coverage, edited gaming content as needed, and delivered game reviews. Arguably, his trademark content is the long series of exclusive developer interviews that have been cited by Wikipedia and by the biggest news media and gaming publications. His passion for technology also makes him knowledgeable when it comes to gaming hardware and tech. His favorite genres include RPGs, MMORPGs, and action/adventure games.
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