Global Video Gaming Revenue Expected to Hit $187.7 Billion in 2023 as Console Sales Rise by Over 7 Percent
The global video games market is projected to experience a resurgence in 2023, fueled by robust sales of consoles like Sony’s PlayStation 5, as indicated by gaming market research firm Newzoo. Newzoo anticipates that industry revenue will increase by 2.6 percent to $187.7 billion (approximately Rs. 15,54,231 crore) in 2023, driven by a 7.4 percent …