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Industry Report

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gaming-industry1 year ago

"2023 Report: Majority of Gamers Favor Older Titles, Newzoo Data Reveals"

A new industry report from Newzoo suggests that a small number of older video games are dominating consumers' playtime, making it harder for new games to find an audience. In 2023, just 66 titles accounted for 80% of all playtime, with 60% spent on games six years old or older. Games like Fortnite, GTA V, League of Legends, Minecraft, and Roblox made up 27% of all playtime, while annualized sequels and live service games contributed significantly to the playtime. The report highlights the challenge of growing a game's playerbase in a landscape dominated by established franchises and robust content pipelines.