Recently, Newzoo released its 2021 global game market forecast. Newzoo predicts that the game industry will generate $175.8 billion in revenue this year, a 1.1% decrease from 2020. Newzoo attributed this small decline to the new crown epidemic, which caused many masterpieces to be postponed to 2022. In addition, the shortage of hardware and consumer electronics caused by the epidemic is also one of the factors.
Newzoo predicts that the mobile terminal (mobile game + tablet) market will generate 90.7 billion US dollars in revenue in 2021, with an annual growth rate of 4.4%, accounting for more than half of the total game revenue in 2021, reaching 52%, followed by the console market, with annual revenue reaching 49.2 billion U.S. dollars, a decline of 8.9%, accounting for 28%, and finally PC, whose annual revenue is expected to reach 35.9 billion U.S. dollars, a decline of 1.7%, accounting for 20%.
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NewZoo predicts that by 2023, the global gaming market revenue will exceed US$204 billion.
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