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Game console in Japan

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Game console in Japan

The games consoles market in Japan consists of the total revenues generated by Nintendo, Microsoft and Sony.

 

In addition, the Nintendo Switch was the best-selling video game console of 2018, besting Sony's PlayStation 4 and Microsoft's Xbox One.

Nintendo's latest console is also the newest of the major video game platforms; Sony's PlayStation 4 and Microsoft's Xbox One were both released in 2013.

Nintendo Co., Ltd. (Nintendo or "the company") develops, manufactures, and sells home leisure equipment. It manufactures and markets hardware and software for its home video game systems. The company operates primarily in Japan and has presence in the Americas and Europe. It is headquartered in Kyoto, Japan.

 

Nintendo had an impressive 2018 - that for the first time since 2009, the Japanese company earned more revenue from its games than any other publisher.

 

A study of the major internal and external factors affecting Nintendo Co., Ltd. in the form of a SWOT analysis is available in - https://www.aarkstore.com/telecommunications/285515/nintendo-co-ltd-strategy-swot-and-corporate-finance-report

 

Nintendo also led all video game publishers in software sales for the first time since 2009.

 

Nintendo reports that 8.7 million Switch units have been sold in the U.S. from its launch in March 2017 through November 2018. The NPD group reports that December sales for the Switch were the highest for any console since the Nintendo Wii in December 2009. Riding the sales of the Switch, overall console sales grew to their highest totals since 2009, too.

 

Gaming Industry in Japan

 

The games consoles market consists of the total revenues generated by Nintendo, Microsoft and Sony through the sale of their console platforms including their respective home entertainment consoles, their handheld models and realised in 2017 hybrid models.

 

The report covers the companys structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360 view of the company.

 

The Japanese games consoles market had total revenues of $1,069.1m in 2018, representing a compound annual rate of change (CARC) of -9.9% between 2014 and 2018.

 

Market consumption volumes declined with a CARC of -11% between 2014 and 2018, to reach a total of 4.0 million units in 2018.

 

The highly anticipated release of the Nintendo Switch in March 2017, the Xbox One in November 2017 and the PlayStation 4 Pro in November 2016 were key drivers of the strong growth experienced in 2017.

 

Now, what will be the size of the Japan games consoles market in 2023?

Know more at - https://www.aarkstore.com/consumer-goods/441648/games-consoles-in-japan

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