Summary
Newzoo has released the free preview edition of its Global Games Market Report for 2023. The report provides insights into the gaming industry and predicts exciting developments for the coming year.
It is estimated that there will be over 3.3 billion players in 2023, with more paying gamers joining the market. Additionally, the global games market is expected to generate an impressive $184.0 billion in revenue, despite the challenges posed by macroeconomic factors. The year 2023 is set to see the release of highly anticipated delayed titles, with more scheduled for the second half of the year. Console publishers are embracing live-service strategies for stable growth, while mobile publishers are dealing with privacy-related challenges due to new policies from Apple and Google. Gaming continues to become more mainstream, with its impact extending beyond player numbers and revenue. Transmedia strategies, which showcase the power of games as a business, are gaining momentum. The report also explores special focus topics, such as the performance of prominent transmedia experiments and trends within the esports and live-streaming markets. It breaks down revenues per monetization model, including DLC, microtransactions, and in-game subscriptions. The report also expands its coverage of player numbers per gaming ecosystem, providing forecasts for 2023. The complete report delves deeper into various topics, including the console and PC live-services boom, generative AI in game development, complementary gaming device trends, VR and extended reality, and specific games markets making waves worldwide. All data in the report is downloadable and accessible through Newzoo's Platform.
Region:
Global
Published:
October 2023
Author(s):
Newzoo
Language:
English