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Consoles' Declining Relevance
- Console software revenues represent only 25% of game sales and are declining.
- Mobile and PC gaming are expanding, now at 75% of the market and continue growing.
Console's Initial Disruption
- Consoles initially disrupted arcades by offering convenient, affordable home gaming.
- This convenience remains a key advantage even today.
Rise of PC Gaming
- The PC gaming market rose due to consoles' lack of dynamism.
- Console's hardware cycles and razor/blades model limited innovation.