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The compound annual growth rate from 2021 through 2026 was estimated at 1.3%. The data firm added it was "optimistic' for the PC and console segments, while mobile gaming is "likely to recover" after difficult conditions for the past couple of years. Newzoo said the market generated an estimated $184 billion in 2023, a small 0.6%
Mobile accounts for the highest share of revenues, but a challenging privacy landscape will somewhat limit growth until 2026. Console shows 2023’s biggest revenue growth, thanks to its +7.4% To be fair, the console segment underperformed in 2022 due to several development and release delays. billion in 2026.
They expect to cross that magic $200 billion mark by 2026. Console gaming will generate $53.2 Meanwhile mobile gaming keeps struggling a bit. After last year’s negative growth (a ‘corrective year’ after the highs of the corona-era) the games market has bounced back. billion in 2023, growing +0.6% year on year. year on year.
Sony currently maintains its dominant position in console gaming with a 2-to-1 ratio for installed devices compared to its main rival Microsoft. Over time the entertainment business has grown to become more than just a useful complementary asset and will account for over 60 percent of revenue by 2026 according to some estimates.
global growth for 2023, mainly driven by demand for the newest generation of consoles, which are now in ready supply. The report said that console sales will rise by 7.4%. billion players by the end of 2026. Mobile gaming is dominant across the world, with an expectation of 2.8 billion players by 2026.
This wasn’t the only adaptation needed for the console version; reworking the controls for all aspects of gameplay, from targeting enemies to navigating menus, proved to be a significant challenge. “We’re aiming for a 2026 release, but it all depends on securing more funding or the success of Necro Story.”
Wonder if they will say the same in 2026… On one hand, this creates a very experimental environment with a large space for innovation. Although most of them come from the F2P mobile sector, the industry has observed professionals transitioning from the PC/console space to focus on developing AAA-quality blockchain games.
Even the ones that exist on mobile cannot push for mass adoption, because there is no clarity as to how blockchain games are positioned. This will prevent Apple from making any changes in the App Store while getting their cut from those blockchain games for every primary sale done inside the mobile app.
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