PC Gaming Hardware Market Worth Double Console Market

The PC Gaming hardware market has been going from strength to strength over the last few years. The general PC market has declined as tablets, smartphones and notebooks have taking over consumers’ everyday computing needs but the PC gaming hardware market has continued to buck the broader trend. The latest research by analytic firm Jon Peddie Research says the PC gaming hardware market is now worth a staggering $21.5 billion which is double the value of the console gaming market. Significant demand has occurred in the market for things like upgrade parts for gaming PCs, such as new graphics cards and CPUs, as well as for peripherals and accessories, like headsets, keyboards and mice. As senior analyst of Jon Peddie Research notes:

“Committed PC gamers are generally not interested in pure content consumption platforms. They are power users and pay thousands for the ability to play games at very high settings and then do business, video/photo editing, content creation and other tasks with maximum horsepower at their disposal in a desktop ergonomic environment.”

By 2017 the PC gaming hardware market is expected to grow further from $21.5 billion to $23.2 billion. President of Jon Peddie Research, Jon Peddie himself, noted that the PC gaming platform would continue to grow and keep the PC market flowing as gaming PCs continually increase in power, leaving consoles biting the dust:

“Nvidia, Intel and AMD have enthusiast CPU and GPUs that are so powerful that, when combined with SSDs and fast memory, they absolutely trounce the computing power and gaming capabilities of the newest console generation…Being able to drive 3840×2160 (4K) is already a reality for the highest end configurations and the mass market is now able to push 2560×1440. PC gamers with good displays are able to enjoy millions and millions of pixels more than console gamers get on HDTVs. This translates into being able to see more and an overall better gaming experience.”

Source: Jon Peddie Research, Via: MCVUK

Image courtesy of Origin/CyberPowerPC