Game consoles are 50 years old now.
Game consoles are 50 years old now.
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Deloitte: Game consoles are fitter than ever at 50 year mark

  • Posted byby Dean Takahashi
  • Updated
  • 6 min

The game console is showing no middle-age slump as it nears its 50-year celebration, according to accounting and consulting firm Deloitte. So much for the predictions that consoles were dead.

That’s probably no surprise to close followers of the game industry, as the pandemic spurred a historic rise in players as people were forced into lockdowns in 2020. That’s been followed by an investment boom, with $71 billion in money pouring into game acquisitions, investments, and public offerings in the first nine months of 2021, according to Drake Star Partners.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.