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

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...

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.

IeSF World Championships 2014 To Promote Gamers With Disabilities

IeSF World Championships 2014 To Promote Gamers With Disabilities

The eSports community is often considered one of elitism and exclusion, at least to those from the outside looking in. In particular, eSports tournaments have become infamous by refusing to include female participants. However, the times they are a'changin' as South Korea is set to host an...

Microsoft to Pitch Kinect for Surgical Use

Microsoft to Pitch Kinect for Surgical Use

It's no surprise that Kinect hasn't been the huge hit that Microsoft hoped for, with many gamers seeing it as simply a casual toy made for children. Which is no surprise given the mostly sub-par games that utilize Kinect reinforcing this stereotype. News by Jordan '@JordanVoletic'...

Life of Black Tiger – Is the quality of the PSN slipping?

Life of Black Tiger - Is the quality of the PSN slipping?

This might quite possibly be the worst video game trailer of all time. But does it point to a larger problem with PSN's quality control?

Google Purchases Twitch for $1 Billion Dollars

Google Purchases Twitch for $1 Billion Dollars

For those of you unfamiliar, Twitch TV is a gaming stream platform that's rapidly become an essential pillar of the eSports and online gaming community. Gamers love Twitch because it allows viewers to tap into gaming as a spectator sport, often it becomes more about the personality and persona...

Sega to allow mods for Mega Drive titles on Steam

Sega to allow mods for Mega Drive titles on Steam

Sega to feature full steam workshop support in its new Mega Drive Classics Hub, allowing players to add mods to the games they own.

Latest UT Announcement: Community Focus, Moddable, Free

Latest UT Announcement: Community Focus, Moddable, Free

  With the tag #firstblood trending a little over on twitter, it’s safe to say that there was a buzz surrounding the latest Unreal Tournament announcements. After all, when one of the premier FPS franchises announces its return, there is always going to be a little bit of hype. Even if...

Japanese Developers Speak Out About the Nintendo Switch

Japanese Developers Speak Out About the Nintendo Switch

SEGA, Capcom, Grasshopper Manufacture, Level-5, PlatinumGames and more give their opinions on the Nintendo Switch.

Leave a Reply