PC gaming continues to thrive as a 21.5 billion dollar market, making it bigger than the entire console gaming industry.
For all console gamers like to gloat about being mainstream and more important than their PC gaming bretheren, a new report shows that its the PC gaming market that’s worth more.
Analyst firm Jon Peddie Research (JPR) published a PC Gaming Hardware Market Report that indicates computer gaming remains a strong presence in the industry. The PC gaming market has now hit a global worth of $21.5 billion, a figure that’s over twice that of console hardware profits.
JPR reports that sales of performance-based computer gaming hardware — peripherals, graphics cards, SSD’s and of course the computers themselves — are healthy despite the recent declines in the market.
According to Ted Pollak, Senior Gaming Analyst at JPR, the steadiness of the PC gaming hardware market is largely due to the demand for peak-performance gaming from the enthusiast sector.
“Committed PC gamers are generally not interested in pure content consumption platforms. They are power users and pay thousands for the ability to play games at very high settings and then do business, video and photo editing, content creation and other tasks with maximum horsepower at their disposal in a desktop ergonomic environment,” Pollak wrote in the report.
JPR’s data incidates that enthusiasts make up more than 44 percent of overall hardware sales, and major companies are spending more on the production and advertising of higher-end PC gaming hardware.
JPR President Jon Peddie touched upon some of the reasons why enthusiasts pass consoles by and instead opt for the optimum gaming experience.
“Nvidia, Intel, and AMD have enthusiast CPUs and GPUs that are so powerful, when combined with SSD’s and fast memory they absolutely trounce the computing power and gaming capabilities of the newest console generation,” Peddie noted. “Being able to drive 3840 × 2160 (4K) at acceptable frame rates is already a reality for the highest end configurations and the mass market is now able to push 2560 × 1440. PC Gamers with good displays are able to enjoy millions and millions of pixels more than console gamers get on HDTVs.”
“This translates into being able to see more and a better gaming experience.”
While even the latest PlayStation 4 and Xbox One mirror PC’s in terms of hardware and x86 architecture, it’s no secret that the more expensive PC sector can deliver more performance-driven gaming experiences. Enthusiasts are willing to pay more to get the best possible graphics, RAM and CPU speeds available to deliver high-quality gaming.
The market is projected to further grow to $23 billion by 2017, and by then we’ll likely see a major influx of hardware to power PC gaming.
Source: Jon Peddie Research