Amid all the closures and layoffs, the global games market has apparently passed $200 billion in yearly revenue for the…
The global games market has surpassed $200 billion in yearly revenue for the first time, reaching $201.6 billion according to Newzoo, an increase of 9.1% year-on-year. Mobile gaming leads this growth, followed by PC and console gaming, despite widespread industry layoffs and studio closures. This financial success contrasts sharply with the recent difficulties faced by many companies and employees within the sector.
- Entities
- Topic: Video Game Revenue
- Company: Xbox Game Studios
- Company: Microsoft
- Topic: Layoffs
- Company: Compulsion Games
- Company: ZeniMax
- Topic: Mobile Gaming
- Company: Newzoo
- Topic: PC Gaming
- Topic: Console Gaming
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