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1. • • Two major factors are driving this: Supply constraints, with the PlayStation 5 and Xbox Series X—and to a lesser extent, PC components—still in high demand and short supply. The semiconductor shortage is continuing to limit some aspects of the market and will continue to do so until at least 2023.
     newzoo.com/resources/blog/the-games-market-will-show-strong-resilence-in-2022

     The Games Market Will Grow by 2.1% to Reach $196.8 Bn in 2022

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   How much money will the gaming market generate in 2022?

   • These gamers will help the global games market generate $196.8 billion in 2022, up by +2.1% year on year. Our April estimates had projected the market to surpass the $200 billion mark. We believe that the market is on track for even further growth in the years to come—even in the face of challenging economic conditions.

   The Games Market Will Grow by 2.1% to Reach $196.8 Bn in 2022 - New…

   newzoo.com/resources/blog/the-games-market-will-show-strong-resilence-in-2022

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   How will the mobile game market change in 2022?

   • As we will cover later, these challenges will ease after this year. North America’s games market will grow just +0.5% year on year to $51.3 billion in 2022, while Europe’s will decline marginally (-0.03%) to $34.1 billion. Mobile is offsetting steep declines in this market this year.

   The Games Market Will Grow by 2.1% to Reach $196.8 Bn in 2022 - New…

   newzoo.com/resources/blog/the-games-market-will-show-strong-resilence-in-2022

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   How many gamers are there in 2022?

   • Our latest market forecasts show that there will be 3.2 billion gamers worldwide in 2022. These gamers will help the global games market generate $196.8 billion in 2022, up by +2.1% year on year. Our April estimates had projected the market to surpass the $200 billion mark.

   The Games Market Will Grow by 2.1% to Reach $196.8 Bn in 2022 - New…

   newzoo.com/resources/blog/the-games-market-will-show-strong-resilence-in-2022

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   How much revenue will games generate in 2022?

   • The primary driver of revenue growth across the world’s games market is mobile, which will generate revenues of $103.5 billion this year (53% of the market), representing a growth of +5.1%. As you can see in the chart below, 2022 revenue growth for PC, which accounts for 21% of the market, is slight (+1.6% year on year to $40.4 billion).

   The Games Market Will Grow by 2.1% to Reach $196.8 Bn in 2022 - New…

   newzoo.com/resources/blog/the-games-market-will-show-strong-resilence-in-2022

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   Is the games industry facing challenges in 2022?

   • The games industry faced several challenges in 2022. Rising interest rates and geo-political challenges hit the global economy hard and raised the spectre of economic recession, making it an interesting year for the sector that had previously experienced long-term growth after the pandemic.

   Playing on harder difficulty: increased challenges for the video games

   www.taylorwessing.com/en/insights-and-events/insights/2023/01/playing-on-harder-difficulty-increased-challenge-for-a-matured-video-game-industry-in-2023

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   How much money will mobile games generate in 2022?

   • We forecast the mobile games market to generate $92.2 billion in 2022, down -6.4% year on year. Moreso than PC and console gaming, spending on mobile games is affected by the recession’s impact on people’s disposable income. Tianyi Gu, Newzoo’s Mobile Market Lead: “There are two main factors contributing to mobile game revenues’ decline this year.

   The Games Market in 2022: The Year in Numbers - Newzoo

   newzoo.com/resources/blog/the-games-market-in-2022-the-year-in-numbers

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3. newzoo.com › resources › blogThe Games Market in 2022: The Year in Numbers - Newzoo

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   For the first time since Newzoo started tracking global games market revenues, we forecast the market to decline year on year. We now estimate that the games market will generate $184.4 billion in 2022, down -4.3% year on year.

4. variety.com › vip-special-reports › state-of-videoThe State of the Video Games Industry: A Special Report - Variety

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   Feb 1, 2024 · VIP+ Analysis: An in-depth examination of the gaming industry’s trends, challenges and opportunities, with data on brands like Roblox, Fortnite and more.

   • Author: Kaare Eriksen

5. newzoo.com › resources › blogThe Games Market Will Grow by 2.1% to Reach $196.8 Bn in 2022

   newzoo.com › resources › blog

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   Jul 26, 2022 · These gamers will help the global games market generate $196.8 billion in 2022, up by +2.1% year on year. Our April estimates had projected the market to surpass the $200 billion mark.

6. www.gamesindustry.biz › gamesindustrybiz-presentsGamesIndustry.biz presents… The Year In Numbers 2022

   www.gamesindustry.biz › gamesindustrybiz-presents

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   Dec 20, 2022 · The Year In Numbers 2022. Our annual infographic returns to reveal the best-selling games, biggest mobile markets, global revenue and more. Data by James Batchelor Editor-in-chief. Published on...

   • Email: james.batchelor@gamesindustry.biz

   • Occupation: Editor-In-Chief

7. www.gamesindustry.biz › what-happens-to-gaming-inWhat happens to gaming in 2022? Analysts offer their ...

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   Jan 5, 2022 · For 2022, we brought up possible areas to make predictions about -- supply chain issues, mobile platforms opening up, blockchain gaming/NFTS -- but left it up to our industry watchers to...

   • Occupation: Managing Editor

8. www.gamesindustry.biz › 2022-was-notably-a-year-of2022 was notably a year of growth in the industry, not decline

   www.gamesindustry.biz › 2022-was-notably-a-year-of

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   Apr 17, 2023 · The dry spell of releases, combined with the decline in spending on catalogue games (the correction from the pandemic spike in sales) led many to speculate that 2022 was a bad year. It was a...

9. www.taylorwessing.com › en › insights-and-eventsPlaying on harder difficulty: increased challenges for the ...

   www.taylorwessing.com › en › insights-and-events

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   Jan 9, 2023 · In 2022 the difficulty curve begun to spike. The lockdown benefits which fuelled growth in 2020-21 had passed while the hangover effects, including game delays and supply constraints, remained. A general worsening of macroeconomic conditions and increased interest rates also took its toll on gaming, as it did in other technology sectors.