Gaming market revenue down 16 percent

7 years ago by in Around the world

The console and portable gaming market in All Japan news dropped by 16 percent in the first six months of the year, to ¥192 billion ($2.4 billion), due to unimpressive game titles and lower hardware sales, a report by publisher Enterbrain revealed.

Software sales were 20 percent lower, as the industry failed to release a single game that sold more than 1 million copies – usually a success sign in All Japan news. During the first six months of last year, no less than four games topped the 1 million copies threshold.

Best selling games in the first half of 2011 were Monster Hunter Portable 3rd, by Capcom, with 968,269 copies sold, Dragon Quest Monsters Joker 2 Professional, by Square Enix, with 469,469 copies and Dissidia Duo Decim Final Fantasy, by Square Enix, with 454,522 copies.

Monster Hunter Portable 3rd, the best selling game, was launched on Dec. 1 and sold more than 3 million copies by the end of the year.

Hardware sales were also down, by 9 percent, with the Nintendo 3DS being number one on the market (1.15 million units, launched on Feb. 26 in All Japan news). Second was Sony’s PlayStation Portable, with sales being pushed up to 1.08 million units after an aggressive price cut to ¥16,800.

Some major events expected to revitalize the market by the end of the year are Nintendo’s release of a new “Super Mario” title and Sony’s launch of the new portable console PlayStation Vita. [PCWorld] Photo by Matoken