And mobile games dominate this market According to data published by Newzoo, the computer games industry is breaking records in revenue, despite the global problems caused by the coronavirus infection. Discuss
Since 2020, the number of new gamers has skyrocketed. The increase compared to last year is most likely due to the pandemic and global lockouts, as gaming has become an easy hobby. Newzoo predicted $ 175.8 billion in annual revenue for the gaming industry. However, instead, it amounted to $ 180.3 billion.
Tom Wiiman, CEO of the Newzoo Reporting and Forecasting Division, said: “At the beginning of the year, we thought the market would not be able to outperform 2020 … However, nine months before 2022, we realized that the market would grow again.” The actual data exceeded analysts' expectations, mainly due to the growth rate of the mobile sector, which increased by 7.3 percent. The PC and console markets also performed better than expected, bringing in respectively $ 0.8 billion and $ 1.2 billion more than previously estimated.
Source: Venture Beat