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Juniper Research Expects Console/PC Gaming to Shrink 11 Percent in Five Years

by Eric Johnson

Global revenue for videogames on PCs and consoles like the Xbox One and PlayStation 4 will shrink from $46.5 billion currently to $41 billion in 2019, Juniper Research forecast in a report released Monday night. However, the research firm said it expected software sales to remain “relatively healthy,” still accounting for a majority of industry revenue in five years’ time. The report also predicted growth in cloud gaming revenue to $1 billion by 2019, and the continued dominance of multiplayer online battle arena games, like Riot’s League of Legends and Valve’s Dota 2, on the PC.

This article originally appeared on Recode.net.

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