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Analyst: US Game Sales to Top $10 Billion in 2008

Tom Ivan of Next-Gen reports that a softening consumer spending environment won't stop annual US software sales exceeding $10 billion for the first time in 2008, says Colin Sebastian of Lazard Capital Markets

The analyst forecasts a software sales increase of ten-fifteen percent over 2007, largely driven by rising sales of titles for next generation platforms.

"The estimate excludes the incremental contribution from online, casual, mobile, and advertising revenues, which we believe are key long-term growth and margin drivers for the industry."

According to Sebastian, historically, videogame industry sales are driven by product cycles rather than by consumer spending and GDP growth.

Sebastian lists Blizzard's World of Warcraft: Wrath of the Lich King, EA's Army of Two, Konami's Metal Gear Solid 4, LucasArts' Star Wars: The Force Unleashed, Nintendo's Super Smash Bros. Brawl and Wii Fit, Square Enix's Final Fantasy XIII and Take-Two's Grand Theft Auto IV amongst 2008's key software releases

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next-gen.biz

Alternative Sources:

Software Sales To Top $10 B... - kotaku.com | By: Cyrus365

U.S. Video Game Software Sa... - gamedaily.com | By: Cyrus365

Analyst predicts game sales... - qj.net | By: Cyrus365

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Dmack79 - 705 days 4 hours ago

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1 - :)

I don't see any 360 exclusives on the "key software releases."

PS3 wins 2008!

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InYourMom - 705 days 3 hours ago

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1.1 - LOL

Hurry for stupid!!

Yes, Army of Two is going to be a key game this year..(rolls eyes) This list is sh!t and as well as your dumb comment.

PS3 is #3 do you know what #3 is?? LAST and it will be LAST at the end of 08.

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Iron Man 2 - 705 days 3 hours ago

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1.2 -

Oh yeah,I totally forgot that the PS3 isn't getting Resistance 2,Killzone 2,MGS4,GT5,LBP etc in 2008,3rd place it is!;)

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2 HCS | 705 days 4 hours ago - User only got 1 bubble - Show

Dmack79 - 705 days 4 hours ago

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2.1 - LOL!!!

G4tv.com is over run by 360 fangirls so that's not valid. and If gears of whatever comes out this year, I guarantee you that it will be rushed and get horrible reviews and disappoint many fans. Gran Turismo has been getting MUCH MORE attention than any racer coming this year, ASK ANYONE.

Too human isn't looking very good and may even get delayed again. NC doesn't stand a chance against GOD OF WAR 3!!! Even you know that! deny it all you want, because you know that GOW3 will sell 5 times better than NG2.

Bushwack will most likely come to the PS3. Mass effect will soon lose to UNcharted in terms of software sales. And when you really think about it alan wake isn't widely known among the public outside of us hardcore gamers. So it doesn't have much hype behind it.

While PS3's MGS4 and MGO will sell millions of copies within 2 months.

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Cyrus365 - 705 days 4 hours ago

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3 -

You assume like MSoft drops it's price sony won't follow, and maybe even Nintendo (although they have less of reason to do so).

Just as if Sony announced a price cut, i'm sure Msoft would follow as well.

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4 HCS | 705 days 4 hours ago - User only got 1 bubble - Show

Dmack79 - 705 days 4 hours ago

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4.1 - R U sure U Know that

because I'm not sure you know what the full impact will be once PS3 officially reaches $300. It will be huge!

EDIT: @ HCS, PS3 will set bars for the gaming industry!

LBP for the most CREATIVITY in any game. This game allows you to do and make things that no other game will. And that appeals to a lot of consumers. It will sell well to the hardcore gamer community and to the casual gamer too.

FF13 will become the prime example of what a true next-gen RPG should be. need I say more?

Gran Turismo 5, so far has the best graphics when it comes to any racing game. It will prove to be a huge stepping stone to making photo realistic gaming, which makes you feel that you are right there in the middle of the action.

KZ2 will also have insane real-time graphics combined outstanding gameplay. And for a console FPS that is very hard to do. But once you achieve it, then it becomes a must have.

MGO/R2 will be revolutionary.

R2-60 players in a single match! AND 8-player-online-co-op! INTENSE!

MGO-Has a strategy system that I have never seen before in any game. looks very fun and pretty suspenseful.

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5 HCS | 705 days 4 hours ago - User only got 1 bubble - Show

InYourMom - 705 days 3 hours ago

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5.1 - You can't throw reason at this Dmack

He is obviously another Sony knob bobber who talk's out his ass and over-hypes game's he's never seen in person or played. So typical.

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lucifer___ - 705 days 4 hours ago

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6 -

xbox still cant make a werking system.. PLaystation 3 will take 2008. and wii will just be there im sure ppl dont plan on wavin there hands much longer...

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lucifer___ - 705 days 4 hours ago

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7 -

ps3 will go on sale for 300 us dollars this monday. and will introduce the ceramic white ps3. what does all of this mean bye bye xbox and will...... blu ray players for 300 ?????? even george bush wouldnt be able to resist a ps3............

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InYourMom - 705 days 3 hours ago

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7.1 - Well..

This Friday the 360 will drop to $199 when they announce that GTA IV will be an exclusive to the 360 and will come in a bundle.

It's such a good deal even your mom will give up crack for a week to afford one.

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kewlkat007 - 705 days 3 hours ago

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8 - Are they serious"

"Square Enix’s Final Fantasy XIII amongst 2008’s key software releases"

Sorry we will not be seeing that game in 2008. Japan always gets 6-8 month release on every where else. Can't imagine when Europe get that game.

Well that's why they are analyst, they don't know these things.

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cmrbe - 705 days 3 hours ago

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8.1 - Yes

agreed. FF will not be out until 2009. Most likely mid year at best

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wiizy - 705 days 1 hour ago

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9 - lol

wii fit and smash bros alone will top sales for most of the games release in 07,,, and 08 has alot of good games coming

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Cyrus365 - 705 days ago

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10 -

Lots of big software barring delays coming in 08, compared to 07.

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