Newzoo adjusted the Gaming market size in 2022 - it's dropped worse than expected

But it is estimated to return to growth soon.

• The gaming market in 2022 was $182.9B - a 5.1% decline to 2021. The previous estimation was at $184.4B.

• Mobile gaming is responsible for 50% of overall revenue. The PC browser market experienced the largest decline - by 14.8% YoY.

• However, Newzoo analytics do forecast that in 2025 the market will reach $206.4B with a 2.9% CAGR.

• China and the US are 49% of the worldwide gaming market. The only regions with a positive dynamic in 2022 were MENA ($6.8B size - +5.8% YoY growth) and LATAM ($8.4B size - +3.3% YoY growth).

Source