Online Games Compete with Consoles, Business and Industry Trends Analysis

Game playing on smartphones is creating intense competition to dedicated game consoles.  The incredibly popular iPhone and Android-based phones are fueling the market.  Many of the most popular apps downloaded for use on smartphones are games. Typically, mobile video games are introduced as “freemium” titles which are free of charge to users, but are supported by virtual goods sales relating to the games.  NPD reported that 40% of gamers who downloaded an upgradable freemium game made an in-game purchase.      Streaming competition inspired an unusual pairing of Microsoft Corp. and Sony Corp., which formed a partnership in early 2019…

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