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Newzoo Predicts The Game Market Could Generate $211 Billion In 2025 | RE3W.IO

Newzoo Predicts The Game Market Could Generate $211 Billion In 2025

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Looking forward, Newzoo says that the games market will generate $211 billion in 2025. The report from Newzoo forecasted that the games market would generate $184 billion in 2022. The estimate represents a 4% decrease year-over-year. The PC Games segment was also predicted for a decline, it’s poised to make $2 billion this year, down 16% year-over-year. 

The report attributed the decline in mobile game spending to the recession’s effect on people’s disposable income. Meanwhile, cloud gaming is poised to amass $2.4 billion from more than 30 million paying users this year. The virtual reality games market was projected to hit $2 billion in 2022 and is expected to reach 3.2 billion by 2024.

Emily Souza is Client Success Director at Newzoo.

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