The gaming industry is facing a midlife crisis – is AI its future?
For years, the gaming industry seemed like an unstoppable juggernaut, with revenues rising to stratospheric heights on the backs of ever-more-immersive titles and the explosion of mobile gaming. However, as we enter the mid-2020s, there are growing signs that the industry is reaching a plateau. After the pandemic-fueled boom of 2020 and 2021, global gaming revenues dipped in 2022. That contraction gave way to tepid growth of just 0.5% in 2023, bringing the worldwide gaming market to around $184 billion, according to data from Newzoo. While still an impressive figure, it’s a far cry from the double-digit percentage growth the … Continue reading The gaming industry is facing a midlife crisis – is AI its future?
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