Console Gaming companies are still doing well in sales thanks to demand, but for how much longer will they be a viable sector of the growing video game industry? Some analysts predict that with online video games growing so rapidly, that the all in one console games could be on their way out. Not so fast say many manufacturers of console games, rather they believe they are evolving with these new venues. Console gaming plus, online interaction with online gaming communities is where it’s at says one executive from a popular console game manufacturing company.
Indeed, why can’t you have the best of both worlds? Sure the older console games end up in the free box at the garage sales or flea markets but not the new stuff, which has more interaction and the latest graphics and speed. Online gaming has some distinct advantages, in that it has increased inflows of venture capital, the latest talent and new advertising revenue streams of major brand names looking to make a connection with the primarily younger gaming demographic.
So the question on many minds of those who follow this sector seems to be; are all-in-one Console Games out and if so is this just the evolution of Gaming Technology, which is causing its extinction? “The older games are definitely out and have lost significant ground to the online gaming communities and the XBox,” stated a gentleman from the Online Think Tank recently. Interactive consoles that can hook up to online gaming communities and be used as self-contained gaming consoles will always be a favored method for the online gaming gamer.
As a special administrative region, Hong Kong’s gaming industry is very flourishing. It can be recognized as the game players’ Paradise. Just follow me to learn more about Hong Kong’s gaming industry.
As explained above, HK’s gaming industry develops very well. It correlates to its history, regional culture and economic structure closely. Here I will explain them to you one by one.
As everybody knows that HK used to be a British colony. Admittedly, foreign gaming industry’s development is better than China. Under British rule, Hong Kong had an opportunity to experience the superior techno-culture of Western countries, console game technologies included. This set a foundation for HK to develop console game industry in the future.
2) Regional culture
HK, as a special administrative region, has many preferential policies in developing console game industry. All these preferential policies help HK to remove the artificially imposed obstacles that appears during the process of console game’s development. By contrast, many other parts of China, especially in Mainland China don’t have the same preferential policies as Hong Kong.
3) Economic structure
HK’s tourism has grown tremendously these years. Tourists from all over the world are now arriving in Hong Kong in bigger numbers. And it’s well-known that overseas consoles cost a lot, such as ds lite console and Microsoft portable console. Not every one can afford it. So HK people think it’s a great business opportunity to promote made-in HK consoles or used consoles, such as ds lite console and ds lite refurbished consoles. The ultimate truth is that they have made a good decision