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Banner Year for Game Biz

Mix, Mar 1, 2007

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Recently released 2006 U.S. retail sales figures show record numbers for the game industry, and the stats just keep rising. Last year's sales for games and consoles totaled close to $12.5 billion; adding in PC games brings the grand revenue total to $13.5 billion — up 18 percent over the previous year.

The long-anticipated release of next-gen consoles and continued strength of Sony PlayStation 2 sales accounted for a strong rise in hardware revenues, with sales numbers coming in at $4.6 billion — a 42.8-percent increase over 2005, with a whopping 87.5-percent increase in console hardware revenues alone. Software sales continue to account for the biggest chunk of the overall pie, however, bringing in $7.4 billion. And there's no end in sight: The industry is predicted to grow to $46.5 billion by 2010.



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