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# Newzoo: Global games market expected to grow to $189bn in 2024

**[GamesIndustry.biz](https://daily.dev/sources/gamesindustry)** · 2 min read · 0 upvotes · 0 comments

## Summary

The global games market is predicted to reach $189.3 billion in 2024, with slow growth expected. The market recovered in 2023 after a decline in 2022, and PC and console segments are expected to perform well. The industry is going through a restructuring phase with a focus on sequels and leveraging existing IPs. Multi-game subscriptions are expected to slow down, and the adoption of generative AI tools will not significantly impact game production at scale in 2024.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://www.gamesindustry.biz/newzoo-global-games-market-expected-to-grow-to-189bn-in-2024>

---

Tags: [#gaming](https://daily.dev/tags/gaming), [#genai](https://daily.dev/tags/genai), [#market-research](https://daily.dev/tags/market-research)

[View this post on daily.dev](https://daily.dev/posts/newzoo-global-games-market-expected-to-grow-to-189bn-in-2024-wysnyvisb)

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