The games industry is still growing but not as fast as during the pandemic, where many more people played games at home and online with friends. This has resulted in global job losses at major companies and studios during 2023 and early 2024 and more caution from game developers, game publishers, platform-holders and VCs.
So, it’s a complex picture, but generally one section of the games industry that is doing particularly well at the moment, is XR, made up of VR which is fully immersive computer-created worlds using a headset, AR where computer images are overlaid on the real world , and MR which brings together computer-generated imagery with the real world allowing you to interact with both.
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