Discussions at the E3 video game industry trade show, held online this week, shifted beyond the stunning visual demonstrations to the cloud. In the games industry, platform holders Sony, Nintendo and Microsoft release a new generation of consoles with faster processing speeds and higher resolution graphics every few years. And every few years, analysts predict the console cycle will end as gamers move to either PC online, mobile or a yet-to-be released system in the cloud. While mobile game sales are indeed more than twice the size, according to industry researchers at NewZoo, console game sales continue to thrive, rising 27.6% to USD 54 billion in 2020 – aided by a new generation of hardware and a customer base largely confined to home during the year. The cycle continues.
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