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Revenue from the console industry could reach $ 45 billion this year, CNBC writes, citing research firm Newzoo.
Now that Microsoft and Sony have launched their latest generation of consoles, Xbox Series X and PS5, companies will turn more and more attention to software and subscriptions, so now Apple has decided in recent years to put more emphasis on Services.
Newzoo says the video game market will generate $ 159.3 billion in revenue in 2020, up 9.3% from last year, and the industry could exceed $ 200 billion by 2023.
Microsoft and Sony have announced a new price cap for video games for the first time in 15 years. The initiative took shape in the spring when producer Take-Two Interactive announced a $ 69.99 price tag for the NBA 2K21 game.
However, console games will increase by 6.8% compared to 2019 and will reach a turnover of 45.2 billion dollars. Today, more than 729 million people around the world own one or more consoles.
In addition to the PlayStation 5 and Xbox Series X, Sony and Microsoft have also released two cheaper models: the diskless version of the PS5 costs $ 400, while the price of an Xbox Series S reaches $ 300.
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