With “major” growth expected this year and years to come, one analyst firms believes that Microsoft and Sony will both sell 100 million next-gen console units of the Xbox one and PlayStation 4 by 2020, according to a report today from VG 24/7.
According to a report given Games Industry International, market research firm DFC Intelligence gave the slight edge to the PS4 over the Xbox One in terms of sales toward the twilight of the console lifecycle, but that both Sony and Microsoft would move 100 million units each.
Price cuts might not come as rapidly as the next-gen consoles fly off the shelf, however, as the DFC analyst David Cole said the reduction in price for the Xbox One and PS4 could come slowly.
“We modeled price cuts into that but we think they are going to happen fairly slowly and there are likely to be more bundles versus just a straight price cut. We think they will do their best to maintain a solid price point,” Cole said, prefacing that the firm’s metrics are conservative.
DFC also forecasted that the video game industry would experience growth in terms of revenue in 2014 to the tune of $77 billion, up from $68 million in 2013.
The firm also believes that the industry could reach $96 billion in revenue by 2018.
The figures come as Sony Computer Entertainment vice president of marketing John Koller said today that he was excited over the quick start the PS4 had out of the gates, but that Sony needs to ensure those gamers who gave the company “an upper hand” stay engaged with the product.