Market Research

Market analysis firm's forecast is for 2.1% year-on-year growth, but slightly down on initial estimation of $189.3 billion

The uptick in companies was driven by layoffs that hit the market sector

Set to be a "lean year" for games companies, data firm predicts, plus generative AI "won't significantly impact game production at scale in 2024"

The data firm also revealed that NBA 2K24 was the highest revenue earner on PC and console in the US and UK

But data firm expects industry to remain stable at 0.6% growth following last year's 4% decline

My.Games Venture Capital executive director Nikita Matsokin breaks down the numbers to see what's been working (and what hasn't) in the mobile market

The study of 12,000 also said that 70% of respondents play games on their mobile devices

Consoles forecast to drive this year's revenue to $187bn due to release of delayed titles

The new report also says that China and the US made up 49% of consumer spending

The US and China alone made up 48% of the global market share for consumer spending

First decrease in company's history of tracking games, but forecast still higher than pre-pandemic estimations

Industry grows to 28,650 employees, with number of games companies up to 786