The Console Market Is Cooked
The console market is facing significant price increases for both Xbox Series S and PlayStation 5 Pro models, driven by a global chip shortage exacerbated by AI development and data center construction. Changing player habits, with a shift towards mobile gaming, also contribute to market volatility. Industry analyst Mat Piscatella discusses these factors, alongside AAA development costs and inflation, suggesting a shrinking console audience as prices rise.
- Entities
- Company: Microsoft
- Topic: Industry Economics
- Game: Grand Theft Auto VI
- Person: Mat Piscatella
- Platform: PlayStation 5
- Platform: Xbox Series S
- Topic: Consumer Electronics
- Game: God of War
- Topic: Chip Shortage
This article was reported and published by gamespot.com. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.