Newzoo has lowered its games market forecast for 2023 to $184 billion, a 0.6% increase year-on-year, in its latest report.
The data firm previously estimated that the games market would experience a 2.6% rise to $187.7 billion in 2023. Last year, the market saw a 4.3% decline as the pandemic boost ended.
Newzoo attributed its lowered forecast in part to challenges in the mobile market, suggesting that a "challenging privacy landscape will somewhat limit growth until 2026", including potential impact of the Epic vs Google antitrust trial.
source https://www.gamesindustry.biz/newzoo-lowers-2023-games-market-value-forecast-to-184bn
