Some 184 million household devices will be handling digital content like movies and MP3s in US homes by 2012, with consoles accounting for 85 per cent of that number.
"The manufacturers are aiming to make their consoles more like media centre devices, rather than just being for gaming," commented Steve Wilson, analyst at ABI.
"The advantage they have is market share: their products ship in large volumes. The big question is whether gamers will actually make use of this added functionality built into their consoles," he added.
Xbox 360 already uses Windows Media Center
The report says that computer and gaming manufacturers are leading the industry when it comes to providing digital content to home users.
"The opportunity is there for consumer electronics manufacturers to embed this technology, although so far it is largely the computer network manufacturers who are embracing the concept," Wilson says.