Week 2 EOC: Boston Consulting Group - Video Games

Video games, its a big part of our society and contains several different aspects of peoples lives. For instance, a video game takes images, sound files, actors and actresses, graphic and drawing artforms, story boards and story writing; video games take a lot to make, and not just money wise. The video game market is a big market, but with the recession over the past couple years, the market for video games and video game consols has been very interestingly up and down. I think that video games are a constant growth rate, everyone buys the games for their gaming console. Yet the growth rate of video game consols are not extremely high. Another aspect that would interact with the selling of video game consols is that, video games consols have ever changing data format for the discs themselves. This means, newer the consol the different format the game has to be in, where other gaming consols can not read these formats. Hence a growth in video game consols will rise; which in theory with new gaming consols that will be coming out with a new video game disk format, sales in both will skyrocket.