The next generation of consoles, with their embedded online capabilities, will also have a positive effect on the demand for online games. The migration to broadband Internet connections will enhance the online gaming experience, spurring demand. The replacement of current wireless telephone handsets with newer models capable of downloading games will be the major influence on the wireless sector. As consumers shift to newer technologies, the market for PC games will continue to deteriorate.
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"We're forecasting healthy growth in EMEA (Europe, Middle East, Africa), with double-digit increases in video games, including console games, handheld games, PC games, online games, and wireless games, as well as Internet advertising and access spending, and TV distribution," said John Middelweerd, European leader of PricewaterhouseCoopers' Entertainment & Media Practice. "Recorded music, one of the slowest-growing segments over the past few years, will experience an enormous turnaround to become one of the fastest-growing segments in EMEA during the next five years, as spending on mobile music and legal digital distribution services take off."
The outlook my be purchased in total for $995.00 (paper or electronic format) or by the chapter for $95.00 each.
A wealth of information is available for free at PricewaterhouseCoopers to wet the appetite.
Hat tip to The Hollywood Reporter.
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