Gaming Industry's Slowdown: A Wake-Up Call for PC and Console Giants

PC and console gaming revenue to remain below pre-pandemic levels through 2026, with a meager 2.7% growth forecasted.

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Gamers logging fewer hours post-pandemic, with a 26% drop in average quarterly playtime from 2021 to 2023. Slower release schedules contribute to the trend.

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Major players like Sony, Tencent, and EA scaling back operations and refraining from major franchise releases. Sony slashes sales forecast for PlayStation 5 consoles.

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Gaming industry sees consolidation with fewer publishers ruling player engagement. Five titles, including Fortnite and Roblox, dominate 27% of playtime in 2023.

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Fortnite and Roblox flourish with games-as-a-platform model, allowing player-generated content. These titles stay ahead, showcasing resilience in the face of industry slowdown.

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