May 24. (Portaltic/EP) –
He PC gaming has seen 9 percent year-on-year growth during the year 2023, managing to generate more than 86 billion euros in global revenue along with gaming on consoles, which represents a growth of 3.1 percent compared to the previous year.
Although it was a period of recovery for the video game industry after the pandemic, income between 2021 and 2022 in the games market was reduced. However, the situation has begun to stabilize and, during the In 2023, the market grew again, generating a total of 183.9 million dollars (more than 169,513 million euros at the exchange rate). This implies year-on-year growth of more than 0.5 percent.
This has been detailed by the latest report published by the Newzoo platformwhich offers a market analysis of video game metrics and analytics on a global level.
Specifically, according to the data obtained, the growth of PC gaming revenue from publicly traded companies up nearly 9 percent compared to 2022. Thus, companies such as Valve, Epic Gamas and miHoYo had good results during 2023.
In this framework, the report has also clarified that the gaming companies that followed cross-platform strategiesthat is, publishing its titles on both console and PC, ““acted as a beneficial catalyst” for the PC market.
In fact, the PC games together with console games generated 94 billion dollars in 2023 (more than 86 billion euros at the exchange rate) globally. This represents a year-on-year growth of 3.1 percent.
For its part, the income from mobile games accounted for “just under half of the global market,” according to the Newzoo report. This translates into a drop of 2.1 percent compared to the 2022 results. Still, they have obtained almost 90 billion dollars in revenue (around 82.9 billion euros).
In addition to all this, Newzoo has revealed that the 90 percent of income obtained from the launch of new games in 2023 has been raised by 43 games exclusively.
On the other hand, the study has also reflected that, although the market has grown again, the Quarterly average playing time has dropped by 26 percent since the first quarter of 2021. Furthermore, only 66 titles accounted for 80 percent of game time in 2023.
Following this line, the Chinese and American gamers accounted for 50 percent of all video game spending during 2023. In fact, users in the United States spent more than 46 billion dollars (around 42.4 billion euros).
In the case of Europe, spending is up 1.3 percent compared to 2022, while in Asia and the Pacific it has decreased by 0.2 percent. Likewise, gamers in the Middle East and Africa, who account for 4 percent of total spending, have also increased their spending on games by up to 4.6 percent.
With all this, Newzoo has indicated that, although pessimism currently prevails throughout the industry, its forecasts for the video game market are optimistic, with the vision of 6 percent growth by 2025.
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