Summary
Newzoo's latest PC Console Gaming Report predicts an upward trend in the number of players and spending in the gaming market, following a dip in 2022 due to the reopening of the world post-pandemic. Industry competition has motivated companies to innovate in expanding engagement, resulting in the development of the metaverse, transmedia, cross-platform play, and more.
To remain profitable despite rising development costs, unique business models have emerged, including subscription services, remasters and remakes, IP licensing, and microtransactions. Newzoo tracks the gaming market's landscape, providing critical data, insights, and trends to enable industry players to navigate the industry's evolving conditions. With a 360-degree view of games, gamers, and the gaming market, Newzoo can prepare stakeholders for what's to come in an industry that never stops evolving.
Region:
Global
Published:
March 2023
Author(s):
Newzoo
Language:
English