Could the gaming industry ever crash again?

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Danm_999

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#51 Danm_999
Member since 2003 • 13924 Posts

I think the question should be 'could the console industry ever crash again', because this question basically neglects the issue of the PC, a platform which never went under. (Thus by extension Nintendo did not save gaming, only console gaming).

But yeah, the console market could easily crash again. And I'd even say current trends seem to point to the environment which caused a crash last time (ie, lots of competitors, low quality licensed titles, influx of unloyal and disinterested casual markets).

But as a whole? The PC is sort of a safety net. As long as modern society uses computers, someone will decide to put games on them, whether they be professionally developed or indie. Consoles have no such luxury, they don't have uses besides gaming (and even their alternate uses as media players and web browsers are too inefficient).

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ng1234

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#52 ng1234
Member since 2007 • 596 Posts

thank goodness we have Nintendo.:)RedMarzBoy

And Wiifit :D

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Thompsonwhore

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#53 Thompsonwhore
Member since 2003 • 2059 Posts

The only sort of market crash that I could imagine would be if there was only one video game console around because the rest of the companies went bankrupt or dropped out of the business.

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HuusAsking

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#54 HuusAsking
Member since 2006 • 15270 Posts

The only sort of market crash that I could imagine would be if there was only one video game console around because the rest of the companies went bankrupt or dropped out of the business.

Thompsonwhore
You think the console market could ever reach monopoly status this time around? Or would someone else step in to compete if only one company was left standing?
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donnygorgas

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#55 donnygorgas
Member since 2005 • 2531 Posts

Do I think it could? Of course it could, anything is possible.

Do I think it will? No, well at least not for many many years.

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Dreams-Visions

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#56 Dreams-Visions
Member since 2006 • 26578 Posts
No, there won't be another crash. We'll see cycles where things are good...and later with dev houses closing up or getting absorbed, but no crashing per se.