The console and mobile games market is still significantly larger than the PC market: Newzoo reported 2023 total revenue for mobile games ofド89.9 billion, consoles ofき52.4 billion and PCs ofPC39.6 billion.
These figures are estimates and do not include hardware sales, but PC and console sales. The most talked about games in 2023 was Baldur's Gate3, which was first released on PC, and the console monopoly FOMO was the lowest in history.
Newzoo attributed pc growth in part to the continued acceptance of it by multi-platform publishers, and I am confident that it is also reflected in this year's estimates as more than half of Helldivers2's sales were on PCs.
"PC revenue from listed companies increased by almost 9% year-on-year," Newzoo said. "On the private sector side, Valve, Epic Games and miHoYo performed well. We also saw that successful gaming companies pursuing cross-platform strategies acted as a profitable catalyst for the PC market."
As exciting as PC gaming feels today, the idea that the industry is recovering from the downturn continues with large companies laying off hundreds of employees at a time We've tallied 2 recent layoffs in 16,000 months, but that number is already out of date.
Following the early pandemic boom, according to Newzoo, game revenue shrank in 2021, stabilized in 2022 and in 2023 was characterized as a "recovery" this year as an estimated total increase of 0.5%." "In 2023 90% of new game revenue was captured by 43 games."
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