Global games market to reach $184bn in 2022 – Newzoo
Market intelligence firm also estimates that mobile games will hit $92 billion, down 6% year-on-year
A new report from Newzoo forecasts that the games market will generate $184 billion in 2022.
The estimate represents a 4% decrease year-over-year. The PC Games segement was also predicted for a decline, its poised to make $2 billion this year, down 16% year-over-year.
The intelligence firm provided a full breakdown of the global video game market's divisions.
![](https://assetsio.gnwcdn.com/Newzoo-Games-Market-in-2022-00.png?width=720&quality=70&format=jpg&auto=webp)
The report attributed the decline in mobile game spending to the recession's effect on people's disposable income.
Meanwhile cloud gaming is poised to amass $2.4 billion from more than 30 million paying users this year.
The virtual reality games market is projected to hit $2 billion in 2022 and is expected to reach 3.2 billion by 2024.
Looking forward, Newzoo says that the games market will generate $211 billion in 2025.
Sign up for the GI Daily here to get the biggest news straight to your inbox