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Trends that shape the future of the PC & console market according to Newzoo

PreMortem.Games

According to Newzoo’s PC & Console Gaming Report , the PC and console market still outperformed previous forecasts despite a slight decline of revenue (-2,2% year over year) in 2022. With over one billion PC players and 611 million console players, there are still plenty of opportunities for growth and expansion.

Console 104
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Game sales dip but PS5 drives console market up 60% | European Monthly Charts

GamesIndustry.biz

However, this is because November 2023 was a 'five week' month compared with the four weeks of November 2022. It was the only real new release of note for the month, and made up for the absence of other AAA titles (last year saw the release of God of War Ragnarök and Pokémon Scarlet and Violet).

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Krafton sees full-year sales, profit dip

GamesIndustry.biz

Sign up for the GI Daily here to get the biggest news straight to your inbox Krafton announced its fourth quarter and full-year earnings today, showing declines for 2023 overall and mixed results for the fourth quarter, including the company's first quarterly net loss since it began trading publicly in 2021.

AAA 68
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Newzoo’s latest report: Almost 9 in 10 gamers spend money on in-game items

PreMortem.Games

Image: pikisuperstar on Freepik Newzoo’s Global Gamer Study 2023 is a true treasure trove of interesting facts about the people out there that hopefully end up with your game in their hands. Console gaming has the highest players-to-payers conversion, mobile gaming has the lowest. Or that 87% of players spend money on in-game items?

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Blockbuster Games Failed to Grow the Market - What Next?

Deconstructor of Fun

source: Newzoo reports Despite the unprecedented slate of blockbuster titles, console games grew at a slower pace than inflation. Diablos, EAFC, Madden, Hogwarts Legacy, Baldurs Gate 3, Zelda Tears of the Kingdom… 2023 seemed like the year for consoles with all those blockbusters launching back-to-back.

Console 59
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The Three Game Industry Trends to Watch in 2024

Deconstructor of Fun

If market trends, especially on PC and Console, are something you want to hear more about, I highly suggest you check out my conversation with Newzoo’s Head of Consulting, Ben Porter below. The time spent on these accounts for over 60% of the time spent in games in 2023. Most AAA simply cannot afford the team sizes of today.

AI 52
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QXR Studios accelerates game testing and development with Amazon GameLift Anywhere

AWS Games

Having collaborated on previous projects across a wide range of industries – from comics, AAA games, television, music videos, visual effects, literature, theater, virtual and augmented reality, hardware, software, and R&D – the group contemplated how to create a meaningful, community-driven game on their own terms.

Studios 52