For the first time in 10 years, Nintendo could regain first place in terms of video game consoles sales worldwide, explains a recent press release issued by Strategy Analytics. And that because, according to the before-mentioned firm’s predictions, Nintendo Switch would sell better than the PlayStation 4 in 2019.
According to the company’s predictions, next year, Nintendo will sell 17.3 million Nintendo Switch consoles worldwide, while Sony will sell only about 17 million PlayStation 4 and PS4 Pro consoles. As regarding Microsoft, its Xbox One console will come in the third place in 2019 with approximately 10 million Xbox One and Xbox One X.
After years of disappointing sales with the Wii U, Nintendo would finally come back on its position as a leader in the video games console industry. Nevertheless, even if 2019 could be Nintendo’s year, Sony will still be number one if you consider the number of consoles which are already in use.
Nintendo Switch Would Sell Better Than The PlayStation 4 in 2019
“Sony remains the market leader in terms of consoles used. It represents nearly half of the video game consoles used. 84% of them are now PS4 or PS4 Pro devices,” writes Strategy Analytics.
Otherwise, the good news is that video game consoles are not about to die, according to Strategy Analytics analysts. That is despite the arrival of mobile video games and video games streaming services. While console sales are expected to decline by 10% in 2019, they will return to this year’s performance in 2021-2023, thanks to the release of the next-generation consoles.
“Contrary to some expectations, the global gaming console market remains healthy,” said David Watkins, Director of Strategy Analytics. “In fact, some would argue that the persistent appeal of the video games console, now in its sixth decade, continues to demonstrate the weaknesses and limitations of alternative game platforms,” he added.
Jackson Bey was born and raised in Lethbridge Alberta but moved east when he was 22. Apart from running his own consulting firm. Jackson spends his time canoeing the many lakes of Ontario. As a financial journalist Jackson has published stories for CBC Business Online, as well as Buzz Feed and Motherboard. As a contributor to Billionaire 365, Jackson mostly covers markets and trade.