Jeffrey Rousseau
Personal writer
May 05, 2022
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Global spending through video games is expected to generate $200 billion by 2022.
As reported via Newzoo, the forecast represents a year-on-year increase of 5. 4%, which he says is a new record.
The market company also estimates that the mobile gaming market will grow 5% year-over-year to $103. 5 billion.
Newzoo notes that console titles will generate $57 billion of the $200 billion in revenue for the year, an 8% expansion from 2021.
Meanwhile, PC gaming is expected to reach $41 billion over the course of the year, with year-on-year growth of 2%.
Looking ahead, the analyst company predicts that by 2024, the global video game market will generate $222 billion.
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