Newzoo Cuts Games Revenue Forecast for 2024 to $187.7bn
As in previous years, Newzoo has released an update to its Global Games Market Report ahead of gamescom. The PC segment surprises with the highest growth, but Newzoo expects console gaming to boom in 2025 thanks to the Switch successor and top releases such as GTA VI.
Stephan Steininger13.08.2024 13:00
In its first annual forecast for 2024, Newzoo puts the global games industry's expected revenue at $189.3 billion. In its traditional pre-Gamescom update, the Dutch company revised this figure to $187.7 billion. This is a relatively minor revision. The trend of the overall forecast has therefore not changed.
In its first annual forecast for 2024, Newzoo puts the global games industry's expected revenue at $189.3 billion. In its traditional pre-Gamescom update, the Dutch company revised this figure to $187.7 billion. This is a relatively minor revision. The trend of the overall forecast has therefore not changed.
