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Some media outlets compared the 2023-2024 layoffs to the video game crash of 1983, when the US video game market collapsed due to an oversaturation of poorly made, low-quality games, causing the video game industry to enter a recession for two years. This has sparked discussions about a potential "second video game crash."
January 10 – Jennell Jaquays, 67, tabletop and video game designer, with contributions for Dungeons & Dragons and at id Software. [ 66 ] February 1 – Carl Weathers , 76, actor, best known for portraying Apollo Creed in the Rocky films and providing voice work in Mercenaries: Playground of Destruction , Mortal Kombat X and The Artful Escape .
Statista, a global data and business intelligence platform founded in Germany in 2007, said in its latest report the global video games market is projected to generate $282.3 billion in 2024.
The gaming industry is constantly evolving, and in 2020, it saw one of its greatest growth spurts ever. Forced to shelter in place due to the COVID-19 pandemic, people turned in droves to games of ...
The year 2024 was one for the history books, and 538's visual journalists and reporters were hard at work explaining the data behind the news with visualizations and interactives. From 538’s ...
Some media outlets compared the 2023-2024 layoffs to the video game crash of 1983, when the US video game market collapsed due to an oversaturation of poorly made, low-quality games, causing the video game industry to enter a recession for two years. This has sparked discussions about a potential "second video game crash."
This was also nearly twice as much as the $3.8 billion generated by the home video game industry that year; both the arcade and home video game markets combined in 1982 total of $11.8 billion [29] (equivalent to $38.4 billion in 2024). The arcade video game industry would continue to generate an annual revenue of $5 billion in quarters through ...
For the first time in 15 years, the best-selling video game in the US was not a game from Activision or Rockstar Games. However, due to the NPD being unable to track Nintendo digital sales data, only physical sales are counted for The Legend of Zelda: Tears of the Kingdom . [ 44 ]