Games Market Expected To Decline 4.3% Globally This Year, According To Newzoo

"Our long-term outlook for the games market remains positive".

Games market research group Newzoo has published its latest report which forecasts a year-on-year decline of 4.3% for the global games market in 2022, following two years of "exceptional" growth during the COVID-19 pandemic.

In the report (thanks, GamesIndustryBiz), the firm estimates that the entire video game market will generate $184.4 billion in 2022, a reduction on the $196.8 billion forecast Newzoo made earlier in the year.

Read the full article on nintendolife.com