will remain one of the most significant presences in the
Previously the largest video games market in the world, the U.S. typifies that of a modern Western nation, with a rapidly growing social and casual gaming sector and a robust traditional gaming sector that exhibits slower overall growth as it transitions away from physical media to digital sales and microtransactions, PwC said. The composition of the video games market in the U.S. The growth rate is expected to increase to 5.1% in 2023 and oscillate between 6.6% and 5.6% for the remainder of the forecast period, said Bangah. The details PwC’s forecast for gaming from 2022 to 2027.Ī post-COVID-19 pandemic market correction likely played a role in this, because consumers returning to regular working life had less free time and disposable income to spend on video games. game and esports revenues now, and there are different drivers pushing gaming forward than there used to be. It’s worth noting that traditional games are only 26.7% of total U.S. Those numbers by themselves aren’t surprising, but I gained some interesting insight in an interview with CJ Bangah, a market research leader who worked on the PwC Global Entertainment & Media Outlook.
