Video games outsell DVD, Blu-ray at retail globally
Media Control GfK International states that video game retail sales overtook DVD and Blu-ray for the first time last year. Video game sales grew 20%, reaching $32 billion globally, while DVD and Blu-ray increased 6% to $29 billion. GfK notes the popularity of the Wii has been a driving force for game sales -- although some say the Wii wasn't trying hard enough.
GFK predicts software sales will reach $36 billion this year, an increase of 12%. Meanwhile, it expects a 4% decline in the home video market to around $27 billion (Blu-ray is forecast to double to $2.9 billion). It's not all unicorns and rainbows, though, as GfK's original projection for game sales was higher -- it failed to meet expectations due to the economic crisis.
[Via GI.biz]
