Recession hits biggest game market China

China, which holds the title of being the biggest market of the game industry, is getting its share from the recessions. The Chinese game market, which experienced a significant growth in 2022, could not show the same success in 2023. China's huge game market Made...
 Recession hits biggest game market China
READING NOW Recession hits biggest game market China
China, which holds the title of being the biggest market of the game industry, is getting its share from the recessions. The Chinese game market, which experienced a significant growth in 2022, could not show the same success in 2023.

China’s huge game market

According to the market analysis, the Chinese game market earned 45.5 billion dollars in 2022. Giants such as Tencent and NetEase have a big impact on this. China’s domestic game companies dominate 47 percent of global mobile game revenues and 39 percent of PC game revenues.

In 2023, the country puts some brakes on it. According to estimated figures, PC game revenues remain at $14.5 billion, while mobile game revenues are $32.3 billion and console revenues are $2.38 billion. In this period, the number of players is expected to either decrease or be in a straight line.

China’s real boom will be in 2027. During this period, the country is expected to generate $57 billion in revenue. While mobile game revenues will increase by around 20 percent, PC and console revenues will increase by around 10 percent. In this period, the number of players is expected to increase to 730 million.

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