See some of my graphs being posted.
People tend to conflate the PC market for AAA/AA/F2P games because they include China and SK, huge PC markets, but are largely untapped to foreign companies due to demographics and government laws.
The PC market may be $40B globally but $20B of that is China ($15B) and SK ($5B) so for most gaming pubs, $20B is mostly the addressable market. Compared with consoles total software market (not incl subs or full physical revenue):
- Playstation : $13B (PS FY 2023)
- Xbox : $7.2B (Xbox leak 2020, declined now)
- Nintendo : $7.5B (Nintendo FY 2023)
This is not even full revenue. Physical is a huge market for Nintendo and Playstation, and on their FY it is only accounted as the platform cut, only 15% of the full revenue. With that in mind, approx:
- Playstation : ~$16.3B
- Xbox : ~$8B
- Nintendo : $9.5B
Total = $35B
Console sub market:
- Playstation : $4.5B
- Xbox : $3.5B
- Nintendo : $1B
Total = $9B
Total Console software market = $44B
Total Console hardware market = PS ($10B), Nintendo ($5.5B), Xbox ($3.3B) = $18.8B = $62.8B (SW+HW)
Worth repeating, but that rainbow visual capitalist chart is complete bogus and shows how misinformation can spread despite 0 sources.
We have actual sales data and publisher data on PC sales.
From Chloe Woitier (that regularly has interviews/articles about the industry in France): Official Top 20 from @SELL_JeuxVideo just came out : 1) FC 24 2) Hogwarts Legacy 3) Zelda TOKT 4) Mario Wonder Note that Baldur's Gate 3 isn't present because Larian doesn't share their numbers...
www.installbaseforum.com
Console is 70-80% of revenue for the big AAA pubs. Its the lifeblood of the AAA industry.
To put it even more clearly, per MSFT's estimate, Epic's estimate and the recent Wolfire v Steam courtcase, Valve's revenue is only $7B
- Playstation : ~$16.3B (+$4.5B subs)
- Xbox : ~$8B (+$3.5B subs)
- Nintendo : $9.5B (+$1B subs)
- Valve : $7B
PC isn't eating the console space, but the two are in competition. Consoles like PS/Nintendo can eat PC marketshare, as we saw in Germany or SK. China is a huge growth region of both PS and Nintendo and I imagine if they got big there, they will be eating PC marketshare.