Niko Partners cuts forecast for China’s game market

Niko Partners has cut its forecast for China’s video game market for the first time in 20 years due to a weakening outlook.

The market research firm expects China’s market to generate $47 billion in 2021, which is down $460 million from an earlier forecast due to a variety of factors, including strict regulations on young gamers and a temporary freeze on game approvals. China recently limited gamers under 18 to three hours of gaming per week.