The current cost of console games development is between $3m (£1.7m) and $6m (£3.4m) per title. This could rise to $10m (£5.7m) for games for forthcoming games consoles from Microsoft, Sony and Nintendo, according to a report from research firm Screen Digest.
In some cases costs could even rise as high as $20m (£11.5m), it warned. High costs coupled with the risk of games flopping mean developers are likely to focus on fewer and higher quality titles in future.
It is likely to have a knock-on effect on the cost of buying games, said Screen Digest chief analyst Ben Keen.
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