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

admin — Wed, 04 Jan 2023 17:29:07 +0000

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.

cloud gaming – RE3W.IO

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