According to a series of recent reports by the research group DFC Intelligence, the game industry is poised to see enormous overall growth in 2009, just in time for the Xbox 360 to slip to a distant third place in the console race.
DFC estimates that the videogame market will swell to $47 billion by 2009, a 42 percent increase over the $33 billion generated by the industry in 2006. That forecast includes revenue from videogame hardware and software, dedicated portable system hardware and software (i.e. the DS and PSP - not mobile phones), PC games, and online PC and console games.
But the Xbox 360's selling power could be on the wane, according to DFC's research. The company has raised its forecast for the Nintendo Wii and PlayStation 3 and lowered its forecast for Microsoft's console, predicting that the Wii will stay on top at least through 2008 and that the PS3 will move into overdrive in 2009.