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19 August 2008

Baby Boomers And Women Take On Video Gaming

A new industry report released by IBISWorld reveals women and older adults - not the proverbial nerdy teenage boys - are the new driving force behind the success of the video Games industry as console manufacturers and software developers race to expand their offerings beyond the traditional action genre which has always appealed to youngsters.

Recognized as one of the nation's most respected independent publishers of business intelligence research, Los Angeles-based IBISWorld publishes more than 700 industry reports covering virtually every segment of the U.S. economy. According to IBISWorld's latest research report on the video gaming industry, 38 percent of U.S. gamers are women and the average player is 35 years old - not the teenage boys of the past.

"The average purchaser of video games is 39 years old - proving that video gaming is attracting a much broader audience," said Senior Analyst with IBISWorld, Mr. George Van Horn. "In fact, 67 percent of household heads play computer or video games; and besides the rapidly growing number of women taking up the hobby, 24 percent of game players are aged over 50.

"When video game consoles began to appear in the 1980s, they were dismissed as a short-lived craze, or at the very least, the domain for awkward adolescents," said Mr. Van Horn. "How astonishingly wrong we were. Our research has revealed that the teenage boys that played Atari back then are still playing video games now, largely being drawn in to new, advanced electronic gaming that simulates real-life interaction that their kids love as well."

"And while we're not suggesting the market for teen and young adult men is not a strong market, men between 18 and 45 still represent 37 percent of the game playing market - it's the other demographics which are posting significant growth," added Mr. Van Horn.

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