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Console revenues decline as PC soars; Mobile still dominates in $187 billion market

PreMortem.Games

The global games market is navigating a period of slow but steady growth, according to Newzoo’s Global Games Market Report 2024. billion in revenue in 2024, representing a modest 2.1% billion in 2024, a 4.5% Console gaming, on the other hand, is anticipated to see a slight decline of 1.0%

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Newzoo: Global games market expected to grow to $189bn in 2024

GamesIndustry.biz

The global games market is expected to generate $189.3 billion in 2024, Newzoo estimated in its latest report. Exploring upcoming trends, the data firm indicated that the market recovered last year and will slowly grow in 2024 and beyond. The compound annual growth rate from 2021 through 2026 was estimated at 1.3%. Read more

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Newzoo expects a ‘lean year’ for the industry but also predicts growth for 2024

PreMortem.Games

In their latest free report , Newzoo is optimistic about the total market outlook for PC and console. And even though this year’s release catalog is expected to be less impressive than 2023’s, live-service games, and back catalog sales will make up for it. A shift driven by rising user acquisition (UA) costs and market saturation.

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Viewfinder wins Game of the Year at the UKIE Video Game Awards 2024

GamesIndustry.biz

The UKIE Video Game Awards 2024 took place last night, with Sad Owl Studios' Viewfinder taking home UK Game of the Year alongside best console game.

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5 Tactics for the Volatile PC/Console Market

Deconstructor of Fun

Recently, I had the privilege of discussing the latest market insights with Devan Brennan, Senior Consultant at Newzoo, dissecting their August 2024 market forecasts. This conversation painted a nuanced picture of the current market, particularly the PC/console segment, and offered a glimpse into its future trajectory.

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How Mobile Gaming Could Come to an End

Deconstructor of Fun

Facebook used games for growth and discarded them quickly as it didn’t need them anymore. The platform killed the booming gaming business by handicapping the distribution channels used to grow our games. I believe that mobile games could be facing the same deliberate death-by-a-platform as games Facebook suffered a decade ago.

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Aldora market forecast 2025: Game Industry is slowly moving upward

PreMortem.Games

year-over-year to $186 billion in 2024. Mobile gaming continues to dominate this category, accounting for $109.6 Console gaming is on track to reach $44.9 growth), while PC gaming shows the strongest growth at 4.2%, reaching $31.4 Console gaming is on track to reach $44.9 billion (3.6%

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