OnLive is an innovative video game system that streams nearly every game online, making the process of purchasing several pricey video game consoles obsolete. OnLive will be launched by the end of 2009 and poses a perfect credit-crunch alternative for avid video gamers and parents of kids who like to play video games.
"We’ve cleared the last remaining hurdle for the videogames industry: effective online distribution," said OnLive founder and chief executive Steve Perlman to the AFP. "By putting the value back into the games themselves and removing the reliance on expensive, short-lived hardware, we are dramatically shifting the economics of the industry."
Streaming Video Games
OnLive is Poised to Make Separate Game Consoles Obsolete
Trend Themes
1. Streaming Video Games - The trend towards streaming video games is set to disrupt the traditional video game console industry.
2. End of Hardware Dependency - OnLive's online distribution approach will drive the shift towards the end of hardware dependency in the video game industry.
3. Game Streaming Platforms - The rise of companies developing game streaming platforms like OnLive is expected to disrupt the traditional gaming experience.
Industry Implications
1. Video Game Industry - The video game industry is poised for disruption with the expected widespread adoption of game streaming platforms like OnLive.
2. Entertainment Industry - The entertainment industry can benefit from embracing the game streaming trend and exploring new opportunities for revenue generation.
3. Technology Industry - The technology industry can drive innovation within the game streaming market through investments in research and development, artificial intelligence, and cloud technology.