Video games

2016 will be a breakthrough year for Virtual Reality – triggering wider consumer uptake in 2017 and 2018

This year sees the release of the first high-end consumer-ready VR headsets from Oculus, Sony, and HTC, with others set to follow. While they’ll initially be the preserve of serious gamers, the quality of the experience such devices offer will set the scene for a wider consumer sales drive in 2017 and 2018. However the content-based business models for VR devices will take longer to develop – and significant revenues in this space will not arrive until 2018 and beyond.

Online/microtransaction growth opens up new ways to play and new advertising opportunities

2016 will see existing online/microtransaction business models expand to new markets – both facilitating new ways to play, and also helping global revenue from online/microtransaction PC games to rise at a 6.7% CAGR to US$28bn in 2020. Latin America will lead the way, with a 14.2% CAGR supported by ever-faster broadband and a rapidly-growing middle class. E-sports will be a key focus, as broadcasters target the value of the e-sports audience to advertisers.

Related content

The Australian Entertainment & Media Outlook 2016-2020

The Australian Entertainment & Media Outlook 2016-2020 highlights growth through diversity with a focus on talent, geography and business models.

Consumer Intelligence Series: The wearable life 2.0

This follow-up report explores consumer attitudes and preferences towards wearable technology - what’s changed, what’s improved, and what the wearable future has in store for the US and beyond.

The rise of cross-border news

This independent PwC study, commissioned by RT, explores the evolving trends in cross-border news, the drivers of these trends, and assesses what the future might hold.

Contact us

Pauline Orchard
Global entertainment and media marketing leader
Tel: +44 (0) 20 780 49783

Nicholas Braude
Global TICE Public Relations
Tel: +1 (857) 248 1323

Deborah Bothun
Global Entertainment & Media Leader, PwC US
Tel: +1 (213) 217 3302