JPR sees the PC gaming market growing later this year

The gaming PC market might not suffer the effects of the economic crisis for too long. In a report posted this afternoon, Jon Peddie Research predicts that "pent-up demand" will cause growth in PC gaming hardware sales and "the PC market in general."

As JPR points, the third and fourth quarters are "seasonally the best quarters." The report lists several other factors that may contribute to the surge, too:

  • New designs from ATI [AMD] & Nvidia.
  • GPUs will be based on 40nm [process technology] which will be exciting and performance enhancing.
  • Inventories depleted need to restock for back-to-school, and the holiday madness.
  • Pent up demand-I'm tired of this recession already, let's party.
  • Obama's stimulant programs will produce a new a sense of optimism.
  • Federal Reserve Chairman Ben Bernanke also believes there "is a reasonable prospect" that the recession will end this year, JPR notes.

    In any case, the research firm still expects the PC gaming hardware market to grow from $20 billion in 2008 to more than $34 billion by 2012, with software and services to draw in an additional $6 billion. That's the same prediction the company made back in November, when it also claimed the economic climate could draw gamers from consoles to PC gaming.

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