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China's game market to grow 5.2% this year

Niko Partners today revised its China Games Market 2023 Half-Year Update Report, saying that the country's gaming revenues are on pace to not only grow this year, but more than make-up for 2022's uncharacteristic decline.

Niko now believes China's gaming revenues are on track to total $47.7 billion in 2023, up 5.2% year-over-year.

It attributed that growth to a more steady flow of gaming approvals from the country's regulators and successful game launches, as well as an increase in spending on older games and the continued ability of players to get PC and console games that haven't yet received approvals.

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source https://www.gamesindustry.biz/chinas-game-market-to-grow-52-this-year