PC gaming hardware market to grow by $1.2 billion in 2009

20 November 2009

Despite the economic recession which has had a negative impact of almost every industry in the world in 2009, Jon Peddie Research(JPR) is expecting the PC gaming hardware market to grow by $1.2 billion in 2009.

In 2008, gaming hardware sales grossed $20.07 billion around the world. In 2009 the figure is expected to be around $21.26 billion, marking a 5.9% increase year on year.

The increase has been attributed to a surprisingly high demand for enthusiast and mainstream hardware.

JPR expects that 2010 will see massive growth in the PC gaming hardware market, with a 30% increase in revenue anticipated.

Senior video game industry analyst at JPR, Ted Pollak, believes that “The largest influence on the high forecasted growth rate is due to purchasing delays for systems and upgrades in 2008/2009 as consumers circled the wagons and took a conservative position on discretionary spending. A recovering economy, processing advancements, and higher quality gaming offerings will all contribute to a healthy year for PC gaming hardware in 2010.”

“The PC gaming market continues to be the high growth, and technological leader for home entertainment. With Windows 7 and DirectX 11, advanced and exciting physics, and stereovision capabilities, the PC platform is far and away the most advanced,” noted Jon Peddie President of Jon Peddie Research. “And, the PC has the added advantage that when not used for gaming, it can be used for more practical purposes, and/or as a media center.”

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