Get the latest tech news

The games industry’s growth potential is shrinking | MIDiA


The games industry's days of double-digit growth are behind it, according to MIDiA's sobering new Global Forecast report for 2025.

Rhys Elliott, MIDiA’s games analyst, said in a statement, “Make no mistake: GTA and the Switch 2 – and other premium releases – will help add more revenues for the market (+6.4% year-on-year growth for console in 2025). Elliott said in a follow-up interview with GamesBeat, “Many executives thought – and were led to believe by some consultancy firms and leading games analytics companies – that double-digit growth would continue [after the pandemic], greenlighting risky projects and strategies. The Switch 2, which could potentially support any kind of game from mobile to PC (if the rumors about the new mouse-like functionality are true), is likely to offer publishers a way of extending the life of their back catalogues.

Get the Android app

Or read this on Venture Beat

Read more on:

Photo of games industry

games industry

Photo of growth potential

growth potential

Related news:

News photo

Marvel's Spider-Man studio boss Ted Price announces retirement from games industry

News photo

GDC's State of the Games Industry survey report says one in 10 respondents laid off in 2024

News photo

'2024 Was the Year the Bottom Fell Out of the Games Industry'