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Showing posts with the label electronic gaming market

The Current State Of The Game Industry

During the pandemic years, electronic games, as well as much of the contents born in the digital environment, have experienced a stable economic growth phase. Such a movement, although initiated before the pandemic, underwent an even greater expansion as more people needed entertainment within their homes. According to a market study by New zoo consultancy by 2020, the global game market would move more than $200 million by 2023. The forecast also indicated an increase of +9.3% each year. A more recent study, however, says that the market will face a fall of-4.3% per year, with a movement of $180 million. In the first study, it is said that mobile games are the main attraction for consumers who are discovering the game scenario; Because it has easier access and representing a cheaper alternative than PC and consoles, mobile games were expected to maintain its growth rate of +13.3% per year. The latest forecast, however, says that the current percentage should be de-6.4% each year...