The Business Research Company’s Console Games Global Market Report 2021: COVID-19 Impact and Recovery To 2030
LONDON, GREATER LONDON , UK, July 30, 2021 /EINPresswire.com/ — Console video game developers are adopting subscription-based gaming. For example, Xbox Live and PlayStation Plus provide licenses for a few games on monthly rotation basis. The first major subscription program by EA was the EA Access on Xbox One which offered discounts on EA games, a limited number of hours of pre-release play, and a vault of back catalog offerings. Microsoft, in June 2017, released a Netflix-style offering called Game-Pass, for its first-party games and a number of titles from third-party developers and publishers.
Major players in the console games industry are Tencent Games, Sony Interactive Entertainment, Microsoft Studios, Activision Blizzard and EA.
In January 2019, Sony Interactive Entertainment, formerly known as Sony Computer Entertainment, a multinational video game and digital entertainment company, acquired Audiokinetic, Inc., for an undisclosed amount. Audiokinetic Inc. is a Canadian software company that develops new standards in audio production for interactive media and games. With this acquisition, SIE will tap…