PC Gaming Hardware Market Reaches $30 Billion

PC Gaming Hardware Market Reaches $30 Billion

In terms of world revenue, console gaming has always been king. In individual countries during various time periods it has been different, but in general terms, console is where the money is. This is especially so for hardware, many PC Gamers play on low-end systems or do not use ‘gaming’ mice or keyboards, whereas every single console gamer will have to buy a console and controllers.

However, this is starting to change. Jon Peddie Research (JPR), a technology market research and consulting firm, announced that the PC gaming hardware market reached in all-time high in 2016 of $30 billion, measured by the Total Available Market (TAM), which measures the entire revenue across all competitors.

JPR defined the PC Gaming Hardware market as specifically ‘Pre and DIY built gaming computers, upgrades and accessories such as input devices and audio/communication systems’.

The biggest area of growth is the Asia/Pacific region, in which ‘an entrenched PC gaming culture, large population, and a lack of significant console traction’ were the main factors in the $11.3 billion TAM last year. Despite the growth, North American and Europe still lead the pack. Interestingly, high-end equipment makes up 43 percent of sales, whilst mid-range is 35 percent and entry-level 22 percent, making the higher end the most lucrative.

PCGamingChart

Source – Jon Peddie Research

Some of the main reasons given for this growth across all areas include the increased visual fidelity PC gaming offers, the complete customisability from both a functional and aesthetic perspective, and the superior control with mice and keyboards, cemented by the eSports leagues overwhelmingly using PC setups.

JPR expects PC gaming hardware to continue to grow by as much as 6% a year through 2019. So if you are out there with some money on the hip and looking to invest in something, PC gaming hardware might not be a bad choice! By the way, the feature image is just illustrative. I don’t know how much steam machines had to do with it!

Source

If you liked this article, like us on Facebook!

Related posts

Mario to be Rebranded as Margaret; Anita Sarkessian Consultant

Mario to be Rebranded as Margaret; Anita Sarkessian Consultant

In an attempt to modernise the image of the company, Nintendo will rebrand character Mario in a change to be revealed later this year.

BOOB NEWS – Dead or Alive 5: Last Round

BOOB NEWS - Dead or Alive 5: Last Round

Koei Tecmo, creators of the Dead or Alive series, are scared. The latest instalment in their titillating DoA series is coming to PC as well as home consoles and this has them quivering in their collective boots. Y'see, Tecmo enjoy having control over the sexualisation of their franchise and...

Google Now Hiring for Pokemon Masters

Google Now Hiring for Pokemon Masters

This April Fool's Day, Google has announced that they are hiring a Pokemon Master! By simply updating your Google Maps app on your smart phone, you can use the GPS-enabled maps to track down 150 pokemon. Catch them all and maybe you too will be able to work for Google as a full time...

Nintendo Switch – Everything You Need To Know

Nintendo Switch - Everything You Need To Know

So the Nintendo Switch, formerly known as the NX, has been officially showcased, bringing with it a range of announcements, that we can analyse until we are blue in the face. Here is everything you need to know.

Titanfall: “Let’s break it.”

Titanfall: "Let's break it."

The Titanfall beta has been opened up, or at least if you have an Xbox One it has.  Respawn have teased that the PC is planned to open up later on today, however no exact time has been quoted at the time of writing. Respawn gaming's co-founder Vince Zampella tweeted earlier "Let's break it. The...

Update: Batman Arkham Knight

Update: Batman Arkham Knight

Batman Arkham Knight has now joined a very select club of games, ones which have been removed from Steam. Albeit admittedly by the game's publisher, Warner Brothers. In the last two days, since Voletic did a PSA warning potential consumers against purchasing the title, it has come to light that...

Zelda Wii U Gameplay First Impressions

Zelda Wii U Gameplay First Impressions

Nintendo have finally had a good couple of months; from Mario Kart 8 to Super Smash Bros, people are finally realising that the Wii U is more than just a high definition Wii. Since the absolutely stunning reveal trailer for the Wii U version of Zelda at this years E3, fans have be salivating...

Lewis Hamilton is Inexplicably cast in Call of Duty: Infinite Warfare

Lewis Hamilton is Inexplicably cast in Call of Duty: Infinite Warfare

In a move which sparks of desperation, Lewis Hamilton has been cast as a character in the upcoming Call of Duty. Who this is supposed to impress it remains to be seen.

Hearthstone: Curse of Naxxramas Finally Released

Hearthstone: Curse of Naxxramas Finally Released

Finally, after months of hype, Curse of Naxxramas is finally upon us! I know I was among the sceptics who believed that Blizzard’s projected release for July meant something like December 2015, but true to their word Blizz, have actually delivered the release on time! Article by Tom...

Leave a Reply