Technology is today’s biggest hit. It’s essentially every single place you look. There are stores specifically designed to cater to those with an ‘itch’ to get in on all the electronics fun. Everybody loves their cell phones and laptops, sure; however, there is one technological idea that has been a major success and connected millions of people from all over the world: video games.
Yes, those systems that costs anywhere from $150 to $400 and costs countless people hours of their days. They have become a major staple in the electronics world and continue to grow bigger and bigger. It’s not exactly new technology, but lately it has become a worldwide phenomenon with a plethora of video game selections spanning across multiple console systems to enjoy the fun. With different categories of video games ranging from action to strategy, from family to sports, video games and video game consoles have opened up a door of entertainment that anyone can enjoy.
More so recently, the big business battle has come down to 3 companies: Nintendo, Sony and Microsoft. These three constantly battle each year, supplying the world with games exclusive to their respective consoles, along with brand new consoles that further push the limits of technology. First, Nintendo has limited its crowd to those of the family variety, providing video games that everyone can enjoy. Each video game is given a rating upon release that signifies which age range the game is appropriate for and Nintendo rarely, if ever, touches anything past the ‘E’ rating which designates the game is for everyone.
Sony and Microsoft push the limits, expanding their video game collections from just the ‘E’ rating, all the way up to ‘M’ for mature, which gamers are unable to purchase unless they are over 17 years of age or accompanied by a guardian. The battle between these two behemoths have gone even further, prompting each company to continue to release new console after new console, pushing the bar further than has ever been expected. These three companies rake in billions of dollars with every new console, and some believe the lifespan of a console is 5 to 10 years before the next generation is released. That translates to a whole lot of money that has been collected since their first generation consoles were released. Seeing as though Nintendo is multiple consoles in, Sony is on its third installation of the Playstation, and Microsoft is 2 systems in, the revenue potential is huge for all three companies. It’s been about 5 years since each company has released their latest console, and it is expected that each will reveal their next console within the next year or 2.
Console companies are not the only ones that are thriving on this advancement in technology, though. Video game developers and creators are continuing to push the envelope in order to create realistic game play that allows users all over the world to entertain themselves with online battles and adventures. One example that shows how popular video games have become is the yearly convention, Electronic Entertainment Expo, or E3 held at the Los Angeles Convention Center. This annual showcase of video games and consoles attracts millions of viewers online, television and in person to display the future of the video game world. Games alike strive from this type of exposure, and one of the biggest has been the Call of Duty franchise.
For example, on November 8, 2011, Call of Duty released its latest addition to the family with Modern Warfare 3. On the first day of release, the game sold over 6.5 million units in the United States and United Kingdom, totaling over $400 million in sales. The first day also saw 3.3 million users worldwide playing the game simultaneously. Over the course of the first 5 days upon its release, the game brought in over $775 million worldwide, a record for video game sales.
This is an industry that boasts the organization Major League Gaming, allowing players from all over to join tournaments and competitions with a chance to play for millions of dollars in prizes and cash. The video game business is booming now more than ever. When looking at the numbers, companies like Nintendo, Sony and Microsoft are consistently profiting from the millions of people worldwide that have become fascinated with video games. The constant need for advancement is seen throughout the world of gaming and these companies, along with video game developers, are providing exactly what is needed to continue moving forward into the future.
To say this technology is advancing worldwide is an understatement. The evidence is there to declare video games as one of the biggest industries in the world and one of the biggest in technology ever. With further advancement allowing for controller-less gaming protocol, the video game technology world is continuing its push towards dominance.
Image credit: craigmdennis on flickr