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Kristian Segerstale believes industry growth will be driven by developers embracing a cross-platform strategy, rather than waiting for a single new platform to disrupt the market. In the opening keynote of Develop:Brighton today, the Super Evil Megacorp CEO was asked about the state of platform and the industry.
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% Biggest growth The market dynamics reveal a notable shift among gaming platforms. year-on-year in 2024.
Mobile gaming alone has grown by 9% since 2020, and 82% of them play on their phonesbut theyre also active on PC and console. Mobile, PC, consolethey dont pick one, they pick all of them. Older generations tend to be device-first they choose a platform, then find games to play on it. What Makes Gen Z Unique? Gen Z flips this.
What had been brewing on PC for years before with games like Counter-Strike, was now dominant cross-platform and reaching the “masses” on console. Battlefield was in a comfortable #2 slot, Overwatch owned Hero Shooters, and Counter-strike continued to own its niche on PC. Valorant was the last.
year-over-year to $186 billion in 2024. growth), while PC gaming shows the strongest growth at 4.2%, reaching $31.4 Console hardware sales are projected to decline sharply by 31% in 2024 and another -11% in 2025E, due to the end of the current console generation cycle. billion (3.6% growth), and is forecasted to reach $115.7
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.
Omeda released the first build of “Predecessor” for PC as Paid Early Access at the end of 2021, then as a free online test in April 2022. The game’s new backend debuted on March 5, 2024. Made by fans, for fans, “Predecessor” was born out of the ashes of “Paragon,” a MOBA game developed by Epic Games from 2016-2018.
That’s why cross-platform games development is in demand. Medium argues that users will require PC games experiences quality on their smartphones, which is challenging for the industry and requires a higher competition on the game development market scene. in 2024, according to Finances Online. Mobile Games Development.
Most of the games on blockchain run either on browser or PC. There are crossplatform games that sell items outside the App Store that can be used with the mobile version on the App Store. billion by 2030 - mobile is the fastest growing segment Newzoo predicts VR games revenue will double by 2024 ?
2022 predictions: Casual games will become more audience-led because of ATT Hypercasual will continue to see more hybrid IAP/ad monetisation and will become even more ‘Android first’ Midcore games will go increasingly cross-platform (particularly on PC). ATT in iOS 15 went harder.
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