November of 2013 was a big one for games, with two major consoles launching opposite one another after years of discourse about the surely imminent demise of the console market.
There were two big factors driving that discourse, with the most obvious one being the advent of mobile gaming, which certainly seemed to be doing a number on the handheld gaming market given the rough launch of the 3DS and the somehow even bleaker life of the PlayStation Vita.
The other big driver was not exactly invisible at the time, but is still a bit more apparent in hindsight. The Xbox 360 and PlayStation 3 generation was the longest the industry had ever seen. The original Xbox was four years old (and already discontinued) when the Xbox 360 launched. The Xbox 360 was eight years old when the Xbox One arrived.
source https://www.gamesindustry.biz/ps4-and-xbox-one-launches-underwhelm-but-overperform-10-years-ago-this-month
