Video game console industry - Five Forces Analysis

Video game console industry - Five Forces Analysis

Last Updated by Anonymous | Update This Page Now

Short description of Porter's Five Forces analysis for…

Intensity of Existing Rivalry

Fast industry growth rate (Video game console industry) When industries are growing revenue quickly, they are less likely to compete, because the total...
Relatively few competitors (Video game console industry) Few competitors mean fewer firms are competing for the same customers and resources, which is a...

Bargaining Power of Suppliers

Threat of Substitutes

Substantial product differentiation (Video game console industry) When products and services are very different, customers are less likely to find comparable product...

Bargaining Power of Customers

Low dependency on distributors (Video game console industry) When produces have low dependence, distributors have less bargaining power. Low dependency...
Product is important to customer (Video game console industry) When customers cherish particular products they end up paying more for that one product. This...
Limited buyer choice (Video game console industry) When customers have limited choices they end up paying more for the choices that are available....
Large number of customers (Video game console industry) When there are large numbers of customers, no one customer tends to have bargaining leverage....

Threat of New Competitors

High capital requirements (Video game console industry) High capital requirements mean a company must spend a lot of money in order to compete in the...
Strong brand names are important (Video game console industry) If strong brands are critical to compete, then new competitors will have to improve their brand...
Entry barriers are high (Video game console industry) When barriers are high, it is more difficult for new competitors to enter the market. High entry...

What is Porter's Five Forces Analysis?

WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to video-game-console-industry's five forces template. See WikiWealth's tutorial for help. Is WikiWealth missing any analysis? Check out our entire database of free five forces reports or use our five forces generator to create your own. Remember, vote up video-game-console-industry's most important five forces statements.