New research suggests that the game market is undergoing a significant transformation, with digital editions overtaking traditional physical releases. According to a report by analytical firm Newzoo, in 2023, revenues from boxed games accounted for only 5% ($9.5 billion) of the total game revenue. In contrast, digital editions generated profits of $174.5 billion, comprising the remaining 95% of the market.
These statistics encompass various platforms, with mobile games holding the largest share of the game market, generating $90.4 billion and accounting for 49% of the total market value. Console games took second place, with revenues of $53.2 billion (29%), followed by PC games at third place with revenues of $38.4 billion (21%).
Examining data on top-selling games, it was noted that Hogwarts Legacy enjoyed the highest popularity in the USA, followed by Call of Duty: Modern Warfare 3. On Metacritic, The Legend of Zelda: Tears of the Kingdom received the highest rating (96/100), along with Baldur’s Gate 3 (96/100) and Asgard Wrath 2 (94/100). The game that sparked the most online discussions was Starfield, generating 53,097 different pieces of content, while Cyberpunk 2077 was described 25,833 times.
In light of these changes, many game publishers are opting to abandon traditional physical copies in favor of digital releases. The future of the game market seems to be virtual, with physical editions becoming increasingly rare.
FAQ
What are the differences between boxed games and digital editions?
Boxed games refer to traditional physical game releases, delivered on media such as CD/DVD discs. Digital editions are games available for download and installation through digital platforms like Steam or the PlayStation Store.
What are the advantages of digital game releases compared to traditional boxed versions?
Digital game releases offer convenience as they can be downloaded and installed without leaving home. Additionally, digital editions allow easier access to updates and additional original content. They are typically also cheaper.
How do mobile games impact the game market?
Mobile games are currently the most popular segment of the game market. The availability of games on mobile devices has contributed to the growth in popularity and revenue from games, as well as opened up new opportunities for creators and publishers.
Source
The article is based on information from GamesIndustry.biz.
The source of the article is from the blog anexartiti.gr