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Microsoft discontinues Hololens 2 with no successor in sight

Game Developer

Microsoft calls it quits on mixed reality hardware after the Hololens 2's five-year run, but will continue to support the headset until the end of 2027.

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EA expects to "outpace market growth" through to 2027

GamesIndustry.biz

EA says it expects to "outpace market growth and drive margin expansion through fiscal year 2027." Read more

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Handheld consoles required to have replaceable batteries by 2027

GamesIndustry.biz

Portable gaming consoles will be required to have replaceable batteries by 2027 to comply with a new European Union law. On July 10, the European Council voted for a new regulation to implement sustainability rules for batteries.

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MENA-3 games market generated $1.92bn in 2023

GamesIndustry.biz

billion in 2027, according to a new report by Niko Partners. The Saudi Arabia, United Arab Emirates, and Egypt (MENA-3) games market increased 7.8% year-on-year to $1.92 billion in 2023 and is expected to rise to $2.65

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Square Enix embarking on "aggressive multiplatform strategy" as profits drop 70%

GamesIndustry.biz

As a result, the firm is set to implement a brand new strategy going forward, hoping to achieve "stable profit generation" in its digital entertainment segment by 2027. Square Enix has released its financials for the fiscal year ended March 31, 2024, with the results largely below what it had previously forecasted.

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Blumhouse Games is more than a year ahead of schedule

GamesIndustry.biz

But Fear The Spotlight is out this year, and we have three in 2025, three in 2026, a couple in 2027 and we're going to maintain that pace. "We are further than a year ahead of schedule. Our plan was to start releasing games in 2026. A few games a year and making sure we have time to dedicate to each of them." Read more

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Newzoo: Global games market expected to grow to $187bn in 2024

GamesIndustry.biz

Newzoo has also forecast the compound annual growth rate from 2022 to 2027 will grow by 3.1% This is slightly lower than the market analysis firm's initial forecast earlier this year, in which it predicted that the global games market would reach $189.3 with the market expected to reach $213.3 billion in three years. Read more

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