People are spending much less on video games this year compared to 2021

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People are spending much less on video games this year compared to 2021
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New research suggests that video game spending is significantly down on last year, and likely to get worse given the rising cost of living.

, that the video games market is slowing down considerably, from its all-time high during the pandemic.

There’s one very obvious reason for this: the lack of new games, as well as the lack of major announcements to drive excitement about future releases. Hopefully we’ll move past that over the course of the next year, but Christmas 2022 is not looking like a busy one, and the year as a whole is likely to be one most companies will want to forget.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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