Gaming spend stagnates per Data.ai and IDC H1 2023 report

While the games industry isn’t growing according to Data.ai and IDC’s latest report, spending declines are leveling off faster than expected.

The firms project that consumer spending on mobile games will reach $108 billion in 2023. This represents about 55% of the global total. Home consoles and PC/Mac will bring in similar totals of $43 billion and $40 billion respectively. Handheld consoles, primarily the Nintendo Switch Lite and Valve’s Steam Deck, are expected to bring in less than $3 billion in spending.