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It is estimated that in 2021, the scale of global game market will decline for the first time with us $175.8 billion From Newzoo,

The following is the It is estimated that in 2021, the scale of global game market will decline for the first time with us $175.8 billion From Newzoo, recommended by And this article belongs to the classification: NewZoo., Game console, Mobile games.

A new report predicts that the game market will decline in 2021, but don’t worry about M, which can be attributed entirely to the pandemic. The industry is expected to rebound rapidly and surpass the $200 billion revenue milestone in 2023. Newzoo predicts in its latest game market evaluation report that 2.9 billion players around the world will help the global game market generate 175.8 billion US dollars this year. This marks a 1.1% decline from 2020, the first decline recorded by the analyst.

The year-on-year decline is a worry for any industry, but we all know that 2020 is an unprecedented year. The pandemic and the resulting restrictions have led to a surge in home entertainment choices, and the arrival of ps5 and Xbox X / s has further boosted the game market. Last year, it created $177.8 billion, up 23.1% year on year.

While the pandemic will have a positive impact on the game industry in 2020, its disruption to global supply chains, game development and chip creation is now apparent. As a result, the PC game market will decline by 1.7% to US $35.9 billion in 2021, of which US $33.3 billion will be used for download / boxed games and US $2.6 billion will be used for browser games. Console game revenue is expected to decline by 8.9% to US $49.2 billion.

As we all know, the global chip shortage is expected to last until 2022. Sony said that the demand for its ps5 will exceed the supply next year, and the scarcity of hardware is having a negative impact on the market. At the same time, lifting the blockade may lead to a short-term decline in participation, as more people pursue outdoor activities after being trapped indoors for months.

Not every part of the industry will decline in 2021. Mobile and tablet games, unaffected by the pandemic, will grow by 4.4% to $90.7 billion. However, Apple’s IOS 15.4 version begins to eliminate IDFA, which will disrupt the way many mobile game companies measure their marketing success.

The good news is that 2021 is expected to be an anomaly; Revenue is expected to reach $204.6 billion by 2023, with mobile games the fastest growing segment.

Top 10 newzoo: global game revenue is expected to reach $137.9 billion in 2018 newzoo: the United States is expected to become the world’s largest game market in 2019 newzoo: development trend of global game market in 2017 & China’s regional insight report (with report Download) newzoo: Global Game spending is expected to reach $152.1 billion in 2019 Ewzoo: it is estimated that China’s game market will surpass that of the United States by 180 billion yuan in 2018. Jiaochuan research: the total size of the global game market in 2020 will be about 174.9 billion US dollars, with a year-on-year growth of 19.6%. Newzoo: it is estimated that the size of the game market in Eastern Europe in 2014 will reach 2.3 billion US dollars, and that in Russia will reach 1.14 billion US dollars. Newzoo: it is estimated that the size of the global game market in 2018 will be 134.9 billion US dollars Newzoo: it is estimated that the global game market share will reach 174.9 billion US dollars in 2020, with a year-on-year growth of 20. Newzoo: the global game revenue will increase by 6 billion US dollars in 2014, and the contribution rate of Asia Pacific region will reach 82%. Talking data & newzoo: in 2015, China’s game market will reach 142 billion RMB, and mobile games will reach 41.6 billion RMB Region accounts for 99.8% of global game revenue newzoo: UK game market data chart 2013

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