In a report published Friday, Credit Suisse analyst Seth Sigman detailed finds from a proprietary survey of 477 gamers (210 of which are Xbox One/PS4 gamers) and how this relates to the video game industry.
Here are Sigman's main findings:
Market News and Data brought to you by Benzinga APIs- Physical games, rather than downloads, are still the "preferred medium" of ownership.
- 62 percent of current gen respondents (or 53 percent total) may be "less willing" to trade in games as they get less credit today than they did in the past.
- 28 percent of current gen respondents (or 22 percent total) would opt for a digital game over a pre-owned physical if both options were similarly priced. This figure rises to 47 percent if the digital download were $10 cheaper.
- 29 percent of current gen respondents (or 24 percent total) would purchase a pre-owned game if a new disk is no longer available.
- The supply of pre-owned games may "remain constrained" due to a less willingness of consumers to trade in old games.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: Analyst ColorShort IdeasTop StoriesAnalyst RatingsTrading IdeasCredit SuisseDigital DownloadsPS4Seth Sigmanvideo gamesXbox One
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in