Study Finds PC Gaming Dominates Market, Surpassing Combined Console Gaming Revenue

Ethan James 02 Jan 2024

The popularity of PC gaming is soaring, outshining consoles in revenue generation by a significant margin. A recent study indicates that the PC gaming industry now boasts a market value exceeding $45 billion within the United States. In comparison, collective revenues from console gaming hover at about $30 billion.

PC gaming doesn't just eclipse consoles in economic terms; it also has a more extensive player base. The trend of owning a visually appealing gaming rig has entered the mainstream, thanks partly to platforms like Steam, Game Pass, EA Play, and the Epic Games Store, which have facilitated this cultural shift.

With these developments, some speculate about the potential obsolescence of gaming consoles. Among those forecasting an end to the console era is Naoki Yoshida, who is celebrated for his contributions to numerous recent Final Fantasy titles. In a recent interview, Yoshida expressed that the current or subsequent generation of consoles is the last.