At a glance:
- Market estimated to generate $187.7 billion in 2023, up 2.6%
- Mobile revenue due to increase 0.8% to $92.6 billion
- Consoles expected to produce $56.1 billion in revenue and drive growth this year
The global games market is estimated to generate $187.7 billion in 2023, a 2.6% increase year-on-year, according to Newzoo's latest report.
The mobile market is due to reach $92.6 billion this year, a 0.8% increase compared to 2022. Despite remaining the largest segment by consumer spending, the data firm said mobile revenue will likely see lower growth than previous years due to publishers facing difficulties with privacy-related monetisation and user-acquisition related policies from Apple and Google.
source https://www.gamesindustry.biz/newzoo-global-games-market-expected-to-increase-26-in-2023
