CNG: Chinese gaming market in 2022 dropped for the first time since the stats collection
The lack of new releases and the overall market recession affected the Chinese market.
Numbers have been published by the analytics agency CNG using data from Chinese governmental bodies.
Games sales decreased by 10.3% to $39.7B.
The mobile market is responsible for 70% of overall market revenue. In 2022 it declined by 14.4% to $28.4B.
In 2022 the Chinese government issued 512 licenses. In 2021 there were 755 of them.