The first ever gaming console was called the "Brown Box" and was invented by Ralph H. Baer, whom is known as "The Father of Video Games". In 1967, the Brown Box was a large sqaure rectangular wooden box that had two wire attached controllers. At the time only a few select of games were playable such as ping-pong, tennis, volleyball, and a very light gun game. Shortly after the demonstration of the Brown Box. Magnavox acquired the licensing and released their own console called the Magnavox Odyssey. The Odyssey was just as primitive as the Brown Box in that the console ran silent, meaning there was no output for game sounds. p>
Later, in 1975, Atari's Pong arcade machine was so popular that Atari decided to market the game as a home console. In response to Atari, Magnavox decided to improve their Odyssey system and released two new different versions of the original Magnavox Odyssey system. New companies began to emerge in the market such as Fairchild, RCA, and Coleco. Fairchild and RCA didn't find much success with their first and only console. While Coleco's first console, the Telestar, was a hit for its capability to play games in color and for allowing users to select different difficulty levels.
From there on, many companies joined the market and have been attempting to top one another. Currently, the market consists of three top manufacturers. Those would include companies such as Sony, Microsoft, and Nintendo. Each with their own distinct console, appealing to their own customer base. These three companies are responsible for selling a total of 40 million units together in 2017, making up roughly 75% of the units sold in the market in that year.