Technavio has announced the top four leading vendors in their recentglobal gaming console market report. This research report also lists three other prominent vendors that are expected to impact the market during the forecast period.

Competitive vendor landscape

The report by Technavio states that the global gaming console market is consolidated due to the sparsity of global vendors. Top players such as Microsoft, Nintendo, and Sony dominate the market, accounting for about 99% of the overall market revenue. These vendors compete among themselves for the top position in the market. The entry of local vendors in the market is also leading to higher competition in the market.

Soumya Mutsuddi, a lead analyst from Technavio’s gaming research team, says, “Technological innovations among the leading vendors play a significant role in driving market growth. Intense competition in terms of product differentiation, portfolio, and pricing exists among the vendors. This competition is anticipated to intensify further during the forecast period due to an increase in the availability of product extensions.”

Top four gaming console market vendors

Mad Catz Interactive

Mad Catz Interactive was incorporated in 1993 and is headquartered in San Diego, California. The company designs, manufactures, and markets interactive entertainment products, such as headsets, keyboards, mice, specialty controllers, and other accessories. These products are compatible with multiple platforms including handheld gaming consoles, in-home gaming consoles, PC and Mac computers, tablet devices, smartphones, and other digital devices.

The company offers tournament edition R.A.T. mice, F.R.E.Q. headsets, S.T.R.I.K.E. keyboards, G.L.I.D.E. surfaces, FightSticks, racing wheels, controllers, and the M.O.J.O. micro-console. It provides the products for M.O.J.O, Universal, Xbox One, Xbox 360, PlayStation consoles, PC, Mac, mobiles, tablet devices, iOS and Android devices, Wii and Wii U, and Nintendo handhelds.

Microsoft

Microsoft was founded in 1975 and is headquartered in Washington, US. The company develops, licenses, markets, and supports software, services, and devices worldwide. As of June 2014, the company had around 128,000 employees. Microsoft generated revenue of USD 86.83 billion and spent USD 11.38 billion on R&D in FY2014.

The company develops and markets products and services designed to entertain and connect people, increase productivity, help people simplify tasks and make informed decisions online, and help advertisers connect with their audience.

Nintendo

Nintendo was founded in 1889 and is headquartered in Kyoto, Japan. The company established itself as a consumer electronics provider in the 1960s and developed into a game manufacturer in the 1970s. The company develops, manufactures, and markets entertainment products.

Nintendo is primarily engaged in the development of software and hardware for handheld and home video game consoles. The company's principal products include Mario video game franchise, which is the highest selling video game franchise of all time. Some of its gaming products include Wii, Wii U, and Nintendo DS.

Sony Computer Entertainment

Sony Computer Entertainment was founded in 2010 and is headquartered in Tokyo, Japan and operates as a subsidiary of Sony. They design, manufacture, and market hardware and software for the video gaming industry.

The company is well known for its PlayStation series of gaming consoles. Some of the popular products of the company are the PS4, PS Vita, and PSP.

In September 2012, the company launched slimmer redesign PS3 CECH-4000 model. The console was released with 250 gigabyte and 500 gigabyte hard drive options.

Other prominent gaming console market vendors

NVIDIA

NVIDIA is a US-based company that specializes in the manufacture of GPU and system-on-chip technologies. The company ventured into the gaming console market with the launch of the Shield Portable.

OUYA

OUYA, formed in 2012, launched its first product, the Android-based OUYA gaming console, in June 2013.

Tommo

Tommo is a US-based video game publisher and distributor that manufactures licensed accessories for the Sony PlayStation, Microsoft Xbox, and Nintendo Wii. The company entered the gaming console market with the launch of Neo Geo X handheld gaming console.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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