Posted Jul 19, 2022, 1:30 PMUpdated on Jul 19, 2022 at 7:42 PM
The reputation of the video game industry is hanging by a thread. Long perceived as a sector naturally immune to economic crises, video games have been rocking on their feet for a few weeks and the lights, constantly in the green in recent years, are gradually turning bright orange. During the first half of the year, the mobile video game – engine of market growth in 2021 – saw its revenues fall by 6.6% over one year, to 41.2 billion dollars, selon Sensor Tower.
Regarding the industry as a whole (sales of PC games, on consoles and mobiles), the specialist firm Ampere Analysis predicts that the sector will decline by 1.2% in 2022, over one year, to 188 billion dollars. Niantic, Unity, GameStop: several firms in the sector have also made layoffs in recent weeks or are preparing to do so. Clearly, the sector is currently looking gray, especially since the market capitalizations of the “big four” of game publishers (Ubisoft, Activision Blizzard, Take-Two, EA) are down in double digits over one year.
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