The Occulus rift and Valve's plan to release low cost upgradeable PC's to compete with consoles are the two biggest things happening now, and I expect those will continue to develop and take hold in the market. Nothing else is happening on the hardware front that's even remotely interesting to me.

Consoles are basically becoming PC's but completely closed off and without any of the actual benefits of being a PC. Motion controls are a complete dead end and always have been.