US console market to generate $66 bln by 2012

US game console market will generate cumulative revenues of $66 bln through 2012. JupiterResearch anticipates the competitive field will be much closer than in the past; at the end of the current cycle in 2012, the range in market shares is projected to just under 10% as compared to the 33% range in market shares at the end of the last cycle in 2005. Console market revenue growth will reach a high of $12.8 bln in 2007 when new platform sales are strongest. And, in 2008 JupiterResearch expects US household penetration to surpass the 50% mark.