Console and PC game markets doomed to shrink, analyst firm predicts

So much for the enthusiasm around next-generation game machines.

Console and PC game revenues are expected to decline 11 percent from $46.5 billion in 2014 to $41 billion by 2019, according to a report from analyst firm Juniper Research. That’s a steep decline in the current generation of consoles that just got started in 2012 and 2013.