Game revenues are shrinking in 2022, Newzoo reported.
Game revenues are shrinking in 2022, Newzoo reported.
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Newzoo forecasts game market will shrink 4.3% to $184.4B in 2022

  • Posted byby Dean Takahashi
  • Updated
  • 8 min

For the first time in Newzoo’s history of covering the global games market, the market researcher has revised its forecast downward to predict games will decline 4.3% in 2022 to $184.4 billion.

That isn’t necessarily a reason for the industry to panic, as 2022 is a corrective year after two exceptional boom years, and the overall long-term outlook for games remains positive, Newzoo said.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.