Newzoo forecasts game market will shrink 4.3% to $184.4B in 2022

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.