The research was shared by Dr. Serkan Toto, the founder of the consulting firm Kantan Games.
In 2022, the Japanese gaming market grew by 1.4%, reaching 2.03 trillion yen. At the current exchange rate, this is approximately $13.9 billion, although the Japanese yen has significantly depreciated in value recently.
According to Kadokawa ASCII, the global market fell by 7% in 2022.
Results by segments in 2022
Sales of gaming hardware increased by 3.4%, reaching $1.4 billion.
Sales of console games grew by 5.9%, reaching $2.7 billion.
PC gaming is rapidly gaining popularity in Japan. In 2022, it grew by 43%, from $0.9 billion to $1.3 billion.
However, the mobile market, which is the largest in the country, declined by 4.4%. In 2022, its revenue amounted to $8.5 billion.