Union membership numbers in the UK have risen significantly, following a tumultuous period in the video game industry (which still continues today).
03.01.2024 - 15:41 / gamesindustry.biz / Serkan Toto / Ai
Every year, we turn to a panel of trusted analysts to ask them what they see coming down the road, and ask them to assess their predictions from the previous year.
This year we've got all of last year's participants returning: Niko Partners' Lisa Cosmas Hanson, Midia Research's Karol Severin (offering the firm's take alongside Perry Gresham), Kantan Games' Dr. Serkan Toto, and Ampere Analysis' Piers Harding-Rolls.
We've also got one newcomer in Newzoo's lead analyst for games Tom Wijman, who will be assessing 2023 predictions made a year ago in a three-part series on the company's blog.
As always, thanks to all our panelists for taking part in our New Year's tradition.
Mobile, PC and console games will embrace hybrid monetization – Generally true although advertising has yet to emerge on console.
Game related M&A deal value will dip significantly in 2023 – True: There was a sharp decline in deal value.
We anticipate imported game titles in Mainland China to receive ISBN licenses in 2023 for the first time since June of 2021 – True: This happened early in the year.
Blizzard will re-enter China after it ends its partnership with NetEase in January – False: Although we originally didn't expect the games to re-launch until 2024, so this is now our prediction for this year.
VTuber industry to become more intertwined with Japan's games industry - True: Hololive even created a game brand.
Korean game rating agency will likely restructure following the scandal of 2022 – True. (Editor's note: The heads of the Game Rating and Administration Committee's management planning, game content management, and self-regulatory support departments resigned after an audit discovered an embezzlement scheme where the organization's funds were diverted to mine Bitcoin.)
Blockchain games to decline in Southeast Asia – True.
More than ten international game companies will open offices in MENA – False .
Esports tournaments will be held in a hybrid online/offline manner – True.
Mobile shooters will drive esports growth in 2023 – Half true: Although PUBG Mobile remains king and Valorant Mobile is not a factor yet.
Asia and MENA to account for over 60% of global PC and mobile games revenue
Niko Partners' ongoing market coverage includes Mainland China, East Asia, Southeast Asia, South Asia and MENA, which accounted for over half of total global spending on video games. When isolating PC and mobile games, these markets have traditionally accounted for just shy of 60% of global player spending. We believe that growth from all markets, but especially India, Indonesia and Egypt, will push these markets over 60% of worldwide totals in 2024, per Niko's estimates for worldwide as well as our specific market coverage.
Out
Union membership numbers in the UK have risen significantly, following a tumultuous period in the video game industry (which still continues today).
Obsidian Entertainment’s Avowed was one of five games to receive a lengthy gameplay showcase at the recent Xbox Developer_Direct presentation, with details being revealed on the action RPG’s world, combat, and more. Hot on the heels of that showing, the developer has shown off more of the game and revealed yet new details with an extended gameplay breakdown game director Carrie Patel and gameplay director Gabe Paramo.
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The developer of The Sims 4 has shared a roadmap spanning the next few months, and in it promises two "highly anticipated" kits, a new pack, and more exciting new content.
The creator of one of Steam's most iconic games says the company's decision to issue copyright strikes against two fan projects is "hardly surprising."