Domestic revenue for the Swedish games industry grew by 6.4% year-on-year to SEK 34.6 billion ($3.17 billion) in 2023, according to the latest report from trade body Dataspelsbranschen. The Swedish games industry body said in its latest game developer index that sales have doubled over the past five years. The number of gaming companies in … Read more
Newzoo estimates that the global gaming market will reach $187.7 billion in 2024, up 2.1% year-over-year, according to its latest report. That's down slightly from the market analysis company's original forecast earlier this year, which predicted the global gaming market would reach $189.3 billion. Newzoo also predicted a compound annual growth rate of 3.1% from … Read more
Microsoft's results for the final quarter of its financial year are in and show continued growth in overall gaming revenue, while sales of Xbox consoles are falling again. The acquisition of Activision Blizzard has been cited as a key driver of the growth seen, with revenue from Call of Duty and other publisher properties now … Read more