Newzoo Report: Major Releases Expected to Boost Console Sales, Gradual PC Growth Predicted

Newzoo Unveils Enhanced Gaming Industry Report

Newzoo has recently published its latest market report, outlining significant updates aimed at enhancing the accuracy of its gaming industry analyses. Newzoo is committed to refining its data offerings to ensure that stakeholders receive reliable insights. This commitment is reflected in improved integration with the Game Performance Monitor and strategic acquisitions, including the recent purchase of the Steam Data Suite, now rebranded as Newzoo’s Business Store Intelligence.

A Comprehensive Look at Industry Forecasts

With the implementation of these changes, Newzoo has crafted a forward-looking report that delves into projected revenue and growth trends for the gaming sector. Compared to the past three years, the industry is anticipated to stabilize into a more mature “new normal, ”with all major platforms—Console, Mobile, and PC—rebounding towards growth. Nonetheless, these increases are expected to be modest, maintaining a trajectory of low single-digit growth, currently forecasted at approximately 3.7%.

Revenue Drivers: PC and Console Markets

Revenue growth in the PC gaming market is projected to mirror trends in the mobile sector, fueled primarily by microtransactions such as in-game cosmetics, loot boxes, and battle passes. Games like Fortnite and Roblox will continue to attract robust engagement levels, bolstered by regular content updates. In contrast, growth in China is anticipated to decelerate, while Japan’s gaming popularity is on the rise during this timeframe.

Console Gaming: An Expectation for Revival

Despite perceptions of diminishing interest in console gaming, Newzoo forecasts a significant resurgence, propelled by major releases on the horizon. The highly-anticipated launch of Grand Theft Auto VI this year is expected to spark an uptick in hardware upgrades. Although specific publishers are not detailed in the report, developers creating content for the PlayStation 5 and Xbox Series X|S are set to benefit from the growing install base.

New Titles and Market Dynamics

Console gamers can anticipate an exciting array of new titles with revenue potential, highlighted by the release of Grand Theft Auto VI. Recently, Monster Hunter Wilds has emerged as a strong contender in terms of popularity. Additionally, the upcoming launch of the Nintendo Switch 2 promises to attract a diverse audience, featuring highly-requested games such as Pokemon Legends: Z-A.

Mobile Market Insights

The mobile gaming segment has matured, with player growth stabilizing at less than 3% annually outside of traditional growth markets. Notably, Eastern Asia is experiencing particularly subdued player growth relative to other regions, signaling potential market challenges ahead.

For more information and insights, you can access the full report from Newzoo here.