Over $ 175 billion to be spent on video games this year

The gaming industry showed impressive growth last year amid the COVID-19 pandemic. This year, the pandemic has not gone anywhere, but analysts predict that the gaming market will even sag a little, albeit by only 1.1%.

Over $ 175 billion to be spent on video games this year

To be more precise, last year the gaming industry grew from 144.4 to 177.8 billion dollars, and this year it will drop to 175.8 billion.But at the same time, analysts expect an indicator of 204.6 billion in 2023.

In 2021, most gaming platforms will show a slight decline. Most of all, as expected, the segment of browser games on the PC will sink (by 18%, to 2.6 billion dollars). Also, the console segment will drop by 8.9% (to 49.2 billion). Only the mobile segment will show growth: by 5.6% to $ 90.7 billion.

Over $ 175 billion to be spent on video games this year

In 2022, analysts expect the console market to be the fastest growing. This is due both to the release of full-fledged games of the new generation, and to the disappearance of the shortage of consoles, or at least to a serious improvement in the situation.

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