Friday, May 7, 2010

The Video Game Industry



The Game Industry

From the first few consoles, including: Atari Pong and Magnovox Odyssey, the video game industry has now grown into a global powerhouse. In 2007 the United States Hardware industry made a profit of 6.6 billion dollars. These numbers increase every year and will continue to grow. However, in 2003 the video game industry outgrew the movie industry for the first time when they made a whole billion more dollars in profit. In the year of 2003, 2000 different videogame titles were made, but only 100 of them. Even though only five percent of all the videogames made a profit the industry still keep growing. The United States keep on driving the industry with their 65 percent of all games made. Japan is right there behind them, but also Europe has grown significant with their industry and companies like Ubisoft has a major part of the market. It is predicted that within the next decade the growth in Europe will continue and that 60 percent of the industry will come from Europe. In the 21st century you can find more universities teaching video game development as well as teaching video game theory. If you would be interested in videogame development you could expect in between 35,000 to 75,000 dollars in starting salary coming out of college.


Statistics


Between 2002 and 2012 you will find an increase for videogame playing with a 67 percent expected. In the 2000s, 65 percent of households play various types of videogames. 38 percent owns a console and 59 percent are playing in the same room as other people. For the person that says that playing videogames are something that is good for your interpersonal relationships, you can clearly find that wrong when the statistics say otherwise. The average gamer is a male in his early twenties to the late thirties and the average purchaser is about 40 years old.

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