GamesIndustry.biz

AUGUST 2, 2023

If you have new appointments or transitions in your company that belong here, please send the names of the appointees, new role and company, and prior role and company to newhires@gamesindustry.biz. Market analyst firm Newzoo has named Emma McDonald as its new chief operating officer. Read more

Games 52

Games Development 52

GamesIndustry.biz

JULY 13, 2023

The video games sector continues to be one of the fastest-growing industries in the world, with the market expected to reach $205 billion by 2025 according to Newzoo. It’s an exciting time. However, a significant challenge remains: the shortage of tech skills.

Technology 81

Technology Games Studios Educational 81

Game Daily

AUGUST 9, 2023

NewZoo’s latest report on the game industry – released yesterday – forecasts 2.6% billion” NewZoo pointed towards this year’s release of “many highly anticipated delayed titles” as a positive sign. The report said that console sales will rise by 7.4%. Total industry revenue will hit $187.7

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Console Mobile Gaming Mobile Mobile 52

PreMortem.Games

MARCH 16, 2023

In the first ever PC & Console Gaming Report Newzoo dives into this section of the market. Also, many companies delayed their highly anticipated titles from 2022 to 2023 and later, factoring into the loss of playtime and revenue. Compared to 2021, overall playtime dropped by almost 15%, and spending decreased year on-year.

Console 104

Console PC Games Platformer 104

Game Daily

JUNE 2, 2023

Separately, the company opened up about its expectations for the VR / metaverse market and its hopes that the casual sector holds the key to widespread adoption. Speaking at Gamesbeat Summit , Meta’s Tim Lion (head of gaming marketing, global brand & programs) shared a research paper created alongside Newzoo.

Mobile 98

Mobile Mobile Platformer AI 98

Game Dev Unchained

NOVEMBER 30, 2023

According to Newzoo’s Global Games Market Report, the mobile gaming industry continues to grow exponentially, shaping how developers and companies strategize their entries into the market. ” This statement I made during our conversation underscores the significant economic potential of this sector.

Mobile Gaming 59

Mobile Gaming Mobile Mobile Balance 59

Moonmana

JULY 25, 2022

According to the freshest statistics by Newzoo, in 2022 the industry continues to grow and become even more profitable worldwide, where the key driver belongs to console games. NewZoo Insights on Game Development Industry Trends, 2022. Check out the company’s game development portfolio, cases, expertise and testimonials .

Game Developer 52

Game Developer Game Development Development Cross platform 52

Deconstructor of Fun

NOVEMBER 20, 2023

This is most likely the key question in the boardrooms of these companies. According to Newzoo, the user base for subscriptions hasn't quite matched the internal projections set by the console companies. That is why the growth of the subscription base is so important for the company.

Console 64

Console AAA Content Mobile 64

Deconstructor of Fun

DECEMBER 27, 2022

We followed the Microsoft-Activision saga, watched Apple’s privacy changes rollout and read about blockchain gaming madness that saw self-proclaimed Web 3 companies pick up massive investments at nosebleed valuations. FTX on the other hand was lavishly funding blockchain gaming while holding assets for some of the companies.

Mobile 52

Mobile Mobile Games Mobile Gaming 52

Game Dev Unchained

NOVEMBER 28, 2023

A Newzoo report cites a significant increase in global games market revenues in 2020, highlighting not just resilience but robust growth during a time when other industries faced decline. Companies like Microsoft and Sony are not just acquiring properties; they’re investing in the future of storytelling through games.

Indy 59

Indy Game Developer Game Development Studios 59

Deconstructor of Fun

AUGUST 21, 2022

Newzoo estimates that more than 90% of 2021’s players played via mobile. Valve's status as a private company means that they’re less pressured to explore the hot trends of the stock market. Although we can assume that it has been a profitable endeavor, it may be below the opportunity cost for a company like Valve.

Mobile 52

Mobile Mobile Console Platformer 52

Deconstructor of Fun

NOVEMBER 21, 2022

However, I don’t think any company in the world would just deny a sustainable cash flow in the long run. The company, formed by ex-Meta veterans, has raised a $300m treasure trove to build a new and better Layer1 blockchain purpose built for Web3 gaming. year-on-year Newzoo forecasts game market will shrink 4.3% to $184.4B

Mobile 52

Mobile Mobile Games Mobile Gaming 52

Deconstructor of Fun

FEBRUARY 3, 2020

Newzoo’s casino report stating the average social casino gamer playing multiple franchises at the same time. Source: Competitive Insights into Social Casino Games, Newzoo Report. All of this contributes to the stably increasing Casino revenue graph above.

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Mobile Mobile UX Feature 52