Gaming revenue in India grew 23% to $3.8 billion in the last fiscal year — and is expected to nearly triple over the next five years. This is according to a new report by Indian venture capital firm Lumikai, created in collaboration with Google and Deloitte. Some of the consumer data in the report was … Read more
Children's average monthly spending on in-game add-ons has dropped from €39 to €31, according to a new report. This is according to a survey by Video Games Europe, conducted by Ipsos, of 2,772 adults over the age of 18 who are parents or guardians of children who play games. 73% of parents said their children … Read more
Circana released market data on U.S. gaming spending in August, which showed an overall decline in dollars spent — down 7% year-over-year to $4.1 billion. The largest decline was seen in hardware sales, down 36% compared to August 2023 to $208 million. The Switch saw the sharpest decline, with sales down 41%. PlayStation 5 remains … Read more
Seven major gaming companies – including Epic Games, Electronic Arts and Roblox – have been accused by the European Consumer Organization (BEUC) of tricking consumers into spending money. BEUC filed the complaint today alongside the European Commission and the European Network of Consumer Authorities, which also targets Activision Blizzard, Mojang Studios, Supercell and Ubisoft. The … Read more
Circana has released its July 2024 US recap alongside its annual Future of Video Games report. Its July 2024 findings report a 10% increase in video game spending compared to the same period in 2023, with “market recovery reflected across hardware, content and accessory categories.” Total video game sales* in July 2023: 4,349 million dollars … Read more
A new report from Niko Partners, in partnership with the Saudi Esports Federation, says the Gulf Cooperation Council markets accounted for $2.24 billion in player spending in the Middle East and North Africa last year. The Localization in MENA white paper provides “insights on localization approaches” in MENA countries with a specific focus on the … Read more
German consumers spent €4.28 billion in the first six months of 2024, down 6% compared to the same period last year. The report comes from a report by German trade association Game, based on data from GfK and Data.ai owned by Sensor Tower. This is the first market decline after several years of growth. The … Read more
Elden Ring topped the US Circana chart for June, with sales boosted by the release of the Shadow of the Erdtree DLC. From Software's title was the best-selling game on the PlayStation, Xbox and Steam platforms. The last time Elden Ring was the best-selling game in the US was in May 2022 after its release. … Read more