Specialists from the analytical company Ampere Analysis conducted a study, according to which the market for the gaming industry is expected to fall on an annual basis this year. For example, sales of games, consoles and services reached USD 191 billion last year. In that, they can go up to 188 billion.
The popularity of games has been affected by the Covid-19 pandemic as many people are forced to self-isolate. However, shortages of semiconductor products and problems in supply chains have reduced the popularity of video games. This was affected by the shortage of consoles and video cards.
In addition, the closure of internet cafes in key Asian markets during the coronavirus also negatively impacts the sector. Events on the territory of Ukraine also contributed. Inflation also affects the cost of games and hardware.
Analysts say the industry will recover in 2023, when the chip shortage will ease and games that were previously delayed will go on sale. Europeans continue to fight against loot boxes and microtransactions in games
Source: VG Times