Video games market to decline year-on-year in 2022, study suggests

  • 📰 eurogamer
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 61%

United States News News

United States United States Latest News,United States United States Headlines

Video game market to decline year-on-year in 2022, study suggests

A new study has forecast how the video games industry will perform over the course of 2022, and suggests a year-on-year decline following a strong period of growth.

This follows extraordinary growth through the early stages of the pandemic, with a leap in spending especially noticable from 2020 onwards.The reasons for this decline vary by gaming platform, with supply chain issues continuing to bottleneck the availability of consoles and PC hardware. However, the suggestion is the industry will recover in 2023, as component shortages stabilise, delayed games are finally released, and new markets continue to further adopt gaming.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 68. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If they keep pumping out shite like the last battlefield game then I'm not surprised. Elden Ring is game of the year.

Cap.

Covid-19 people at home playing video games 2022 everybody back to work playing less video games.

Not really in decline, considering the highest grossing form of media is still video games. But there have been very few triple AAA titles, Xbox Game Pass does Day 1 launches. 10yrs ago I'd buy maybe 3 big games a year at £120. My pass is that.

United States United States Latest News, United States United States Headlines