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43 of the video games launched that year commanded 90% of brand-new title earnings
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Newzoo’s most current report states that international customer costs for PC and console video gaming got a 2.6% boost, amounting to $93.5 billion in 2023.
Here’s what you require to understand from Newzoo’s PC and Console Gaming Report 2023:
The numbers:
- PC and console video games (overall): $93.5 billion, up 2.6% year-on-year
- Boxed/digital console video games: $53.1 billion, up 1.7% year-on-year
- Digital/physical PC video games: $40.4 billion, up 4% year-on-year
The highlights:
The marketplace intelligence company associated the development in customer costs to the slate of video game releases in 2023.
Concerning the marketplace breakdown by income, console titles commanded the lion’s share at 57%. Boxed and downloaded PC titles comprised 43% of the marketplace share.
“Premium’s income share was high up on console, partially thanks to the complete slate of hit premium launches. The time invested playing those video games took some profits share far from repeating costs,” stated Newzoo.
In addition, 90% of the earnings for brand-new video games launched in 2023 was driven by 43 titles.
17 pay-to-play live service titles, such as Diablo 4, drove 59% of brand-new title customer costs that year.
By 2026, Newzoo approximates that the PC and console video gaming market is poised to reach $107.6 billion in profits.
