Yoichi Wada, boss of Square Enix, foresees a digital future, and says that the games must prepare itself for the death of boxed games, and a time where 'streaming' services will replace traditional consoles.

"In ten years' time a lot of what we call 'console games' wont exist. Somewhere around 2005 the console manufacturers' shifted. In the past the platform was hardware, but it has switched to the network. A time will come when the isn't even needed anymore," Wada-san tells MCV.

"With that, any kind of terminal becomes a potential platform on which games can be played - that's exponential growth in the potential of gaming. The potential size of the market is enormous."

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By Luke Guttridge