With the release of the latest PlayStation 4 and Xbox One video game consoles, the gaming industry has become brighter than ever, but it is not only the consoles that are contributing towards the growth of the industry. PC gaming might not be something that is all over the internet right now like the latest consoles, but it surely is one of the pillars that are keeping the gaming industry in place. According to a latest Jon Peddie Research report, PC gaming hardware market now stands at more than $21.5 billion worth.

PC Gaming Hardware Market is Double the Value of Console Market - More than 21.5 Billion Dollars

In everything that is currently going on in the gaming industry concerning the PlayStation 4 and Xbox One consoles, it looks like PC gaming is somewhat fading away from the media front, but despite the gradual decline in demand for home PC hardware, the market for gaming specific PC hardware is actually doing really well. As a new Jon Peddie Research report (via MCV) claims, the total value of PC gaming hardware market worldwide is more than $21.5 billion, that is twice the worth of console gaming market, and it is predicted that the figures will grow significantly over the next three years.

According to the analyst firm’s PC gaming hardware market report, "computers, upgrades and peripherals used for gaming" remain strongly in demand throughout the globe. This makes it quite clear that the arrival of the latest consoles has not made much of an impact on the momentum of the PC gaming, and that the figures will grow instead of decreasing in the future. This is not because the demand for home computers is growing (it is not), this is rather due to the fact that dedicated PC gamers are not stopping from throwing more and more money at their rigs. Ted Pollak, the firm’s senior gaming analyst, said: