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The Future of Gaming Looks Bright Thanks to These Brand-New Consoles

Kelsey Pommer, Sr. Coordinator, Digital Media Marketing, Consumer Technology Association (CTA)™

The numbers don’t lie — gamers are certainly excited about new eighth-generation gaming consoles, like the Sony Playstate 4 and Microsoft Xbox One. Wholesale revenue for home video game consoles is projected to increase by 85 percent in 2014.

New research from CEA, The Future of Gaming, has found that eighth-generation consoles have reenergized the gaming market, and The Sony PlayStation 4 and Microsoft Xbox One are now owned by 11 percent and 8 percent of online consumers respectively.

Read more about gaming ownership and trends.