This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Top image by Freepik The games industry has been one of the most resilient and profitable sectors in the entertainment industry. According to Newzoo’s PC & Console Gaming Report , the PC and console market still outperformed previous forecasts despite a slight decline of revenue (-2,2% year over year) in 2022.
With the rise of the gaming industry, two distinct categories of games have emerged: AAA games and mobile games. As a result, mobile gaming is pushed aside in favor of AAA titles, which have their own position in the market. Now, when you think about high-end games, you think about AAA. Can Mobile Games Be AAA?
They say imitation is a form of flattery, and there’s no shortage of mobile games that share a striking similarity with other popular titles in the PC, console and mobile markets. Fall Guys has a strong position in the casual market for PC/console players.
The advent of handheld gaming consoles marked a significant era in the gaming industry. This bubble of time, between the early 2000s and mid-2010s, witnessed the rise of several iconic handheld consoles, including the Sony PSP, and various iterations of Nintendo’s DS line, such as the Nintendo DS, 3DS, and 2DS.
If market trends, especially on PC and Console, are something you want to hear more about, I highly suggest you check out my conversation with Newzoo’s Head of Consulting, Ben Porter below. Most AAA simply cannot afford the team sizes of today. This is a signal of future adaptation that is further enhances with adaptation of AI.
Budgets for AAAconsole games could be more like $20M-$50M (notwithstanding Activision’s $200M+ budgets for Call of Duty although also including marketing and distribution). We promise to deliver only the most insightful, relevant and entertaining content in your mailbox. Email Address. We respect your privacy.
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. For example, Gala Games acquired Ember Entertainment at the beginning of 2023 in order to bring Ember’s portfolio onto their platform.
Compared to more demanding models that may monetize much more, but also risk burning their players because regular people simply can’t spend $500+ in a game per month before they consider if there aren’t better ways to spend their moment on entertainment. Some of those games are cross-played with PC and Console.
The impact the game had on the people who played it, the emotional reaction that game created to almost console people who had lost love ones… By playing the game, you can reflect on the people you loved, their life and death." It wasn't just best indie game, but the best game of the year.
That’s the question addressed by Ampere Analysis’ Piers Harding-Rolls in a recent webinar report, titled Dissecting the competitive landscape for console games in 2023. Harding-Rolls shared how much live service and multiplayer games have come to dominate the console landscape.
It was founded by a group of seasoned developers who were instrumental in the success of several AAA franchises including The Witcher 3, Cyberpunk 2077 and, Dying Light. The team found the novel The Invincible to be the perfect hook for their studio’s philosophy: creating meaningful experiences in high quality PC and console games.
Torchlight Infinite by XD Entertainment. Torchlight Inifinite is an ARPG (action roleplaying game), and the fourth title in the series made by XD Entertainment. It’s tricky taking any game from PC and Console to mobile. It’s obviously simplified (they only released 10 legends on mobile, compared to the 20+ on console and PC).
You should be fine as a player to be in that situation since you traded money for entertainment value just like any other game. On the other hand, they might want to sell them simply because they got bored and don’t want to continue playing it even if it means being net negative monetarily.
year-on-year increase in net revenue Eschatology Entertainment raises $4m in seed funding Immersive Gamebox raises $20 million, receives new patent Behold Ventures becomes Sweden’s largest venture capital firm with $25.9 year-on-year Newzoo forecasts game market will shrink 4.3% to $184.4B
We can say with more confidence than ever that gaming is at the heart of media and entertainment. Yet this year it’s the console segment that is the biggest revenue growth driver, with an impressive +7.4% Yet this year it’s the console segment that is the biggest revenue growth driver, with an impressive +7.4%
But when you think about the AAA catalogs offered by Xbox Game Pass and Playstation Now, this just seems like a nearly impossible battle to take on for a streaming media company with little game development experience, no matter how flush with cash they are. These games could be a console, pc, or mobile. They could be all of the above.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content