Xbox One and PS4 Consoles in the Woods -08

Before the PlayStation 4 and Xbox One came out, many people worried that a new generation of consoles just wouldn't sell. The previous generation was deeply entrenched and had gone on much longer than any other before it. Tablets and smartphones were on the rise as a gaming platform. Game prices were starting to drop. It wasn't totally unwarranted, especially with the slow start from the Wii U. It was, however, way off.

According to the NPD Group, the PlayStation 4 and Xbox One have already sold, combined, a full 60 percent more than the PlayStation 3 and Xbox 360 had by this point in their lives; 15 months after release. This takes into account the fact that the PlayStation 3 hit the market nearly a year after the Xbox 360, so it's the combined totals of 15 months of each console's sales rather than 15 months of Xbox 360 and 3 months of PlayStation 3.

Software, too, is growing. Software sales for the current generation have jumped by 74 percent, according to the NPD Group, while previous generation sales have dropped by 36 percent.

There's no doubt that gaming is changing from what it was back in 2006 and 2007. Things like crowd funded games and the huge free to play market weren't really even ideas yet. But for as much as it's changing, it isn't dying by any stretch.