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Korea plans to grow console industry in the next five years

GamesIndustry.biz

Korea's Ministry of Culture, Sports, and Tourism has said it intends to grow the country's console market by 2028 in order to revitalise its games industry. As reported by Yonhap News Agency , the government unveiled its five-year plan on Wednesday, aiming to reduce its reliance on mobile and online platforms and boost console sales.

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Next Xbox planned for 2028

GamesIndustry.biz

Microsoft has spent years trying to move the console industry "beyond generations," but it isn't giving up on the traditional model just yet. The chat was released as part of the Federal Trade Commission's lawsuit to block the Activision Blizzard acquisition.

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What did the industry really learn from the Xbox leak? | Microcast

GamesIndustry.biz

Among the revelations discussed are Microsoft targeting 2028 for its next Xbox console , full details of two mid-generation refreshes for Xbox Series X and S that are expected to launch next year, a hybrid cloud gaming platform due to launch by 2028, Bethesda's future line-up of games , and Spencer's ambition to acquire Nintendo.

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Technology Advancements Impacting Esports Gaming 

iXie gaming

According to Statista market forecasts, the eSports user base is expected to reach over 856 million by 2028. For instance, a player can stream gameplay directly from their mobile device or computer without having a dedicated gaming console. Therefore, they don’t need to invest in gaming consoles, which are often expensive.

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