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According to a report by market researcher Newzoo, the PC and console market experienced a year-over-year (YoY) growth of 2.6% in 2023, reaching a revenue of $93.5 billion. However, this growth is expected to remain below pre-pandemic levels through 2026 as gamers record fewer hours of playtime. The report also highlighted a significant decrease in playtime hours, with average quarterly playtime hours falling 26% from Q1 2021 through Q4 2023.
Newzoo: PC and console game revenues grew 2.6% YoY to $93.5B in 2023, but average quarterly playtime hours fell 26% from Q1 2021 through Q4 2023 (@deantak / VentureBeat) https://t.co/Rmmx33kcjA 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/lYBUVO1WBM
PC, console growth to lag pre-pandemic levels as gamers clock in fewer hours #PC #consoles #Gaming https://t.co/jhYNd8RK9z
PC, Console Growth To Lag Pre-pandemic Levels as Gamers Clock in Fewer Hours https://t.co/WQjKuc5CZZ
