In five years or less, we`ll likely see a new round of console hardware hit the market. As the industry continues to shift towards online and digital, some would argue that the next consoles could be the last we`ll ever see. Regardless, one thing is clear: online games and mobile games continue to grow at a furious pace. Tim Merel, director at IBIS Capital, sees these two areas as very high growth opportunities for the global games industry and he thinks online and mobile will dominate sales in five years.

