Gaming Industry Review 2022: Revenue, News, Concepts, Trends
As the year comes to an end, the summarization of the global gaming industry in 2022 and an outlook on the sector in 2022 and beyond can be noted in the article. According to a report by Newzoo, revenue in the gaming market across the world is expected to reach $184.4 billion in 2022, a downturn of 4.3% year-on-year. However, the revenue of mobile game segments declined more outstanding than other games divided by platforms. 2022 saw the global mobile gaming industry is about to reach $92.2 billion in revenue, down 6.4% compared to last year. Tianyi Gu - Newzoo's lead analyst for the mobile game market - stated, "There are two main factors that have contributed to the decline this year. On the one hand, policies related to user privacy protection (especially on the iOS platform) have been rolled out, making it difficult for mobile game publishers to identify and track valuable users through advertising. On the other hand, people's disposable income is becoming increasingl...