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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.

2022 global games market per segment - Newzoo

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.

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Jeffrey Rousseau

Staff Writer

Jeffrey Rousseau joined GamesIndustry.biz in March 2021. Based in Florida, his work focused on the intersectionality of games and media. He enjoys reading, podcasts, staying informed, and learning how people are tackling issues.