Gaming Market = $198 Billion by 2027
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Spectrum Highlight 🌈
Gaming Market = $198 Billion by 2027
Newzoo has revised its 2024 gaming market figures, offering a clearer picture of industry trends. Looking ahead, Newzoo estimates that the gaming market will grow at an annual rate of 3.7%, reaching $198 billion by 2027.
Key highlights…
📉 Market Adjustments: The total market volume is now $177.9B (down from $184.3B).
PC revenue: Decreased by 10% to $37.3B
Console revenue: Dropped 15% to $42.8B
Mobile revenue: Grew 6%, reaching $97.6B
📈 Growth in 2024: The gaming market grew by 0.6%, but inflation resulted in a real revenue decline.
Mobile: Increased by 2.8% due to Western market recovery.
Console: Fell by 3.9%, while PC grew slightly by 0.1%.
🔮 2027 Forecast: The market is projected to grow by 3.7% annually, reaching $198B by 2027.
PC: Growth will remain organic.
Mobile: D2C payment methods may fuel further growth.
Console: The release of Grand Theft Auto VI is expected to drive major growth.
Deep dive into the full scoop, here!
Spectrum Rewind 🔁
Major Industry + Platform News
🟢 Immutable's Financial Performance: Revenue Growth and Rising Costs
🟢 New Record for Crypto Hacks with $1.5 Billion Lost in 2025
🟢 Web3 Fighting Game Champions Ascension Pauses Servers
🟢 Sega IP Code of Joker: Evolutions Coming to Web3
Game Updates + Tokens
🟣 WorldShards Economy: Tokenomics and $SHARDS
🟣 Off The Grid Surpasses 14 Million Users with New Features
🟣 Castle of Blackwater Launches on Steam March 25th
🟣 Kuroro Wilds Alpha 2.0 Suspended as Priorities Shift
Funding + Reports
🔴 Africa's Gaming Market Reached $1.8 Billion in 2024
🔴 PC Gaming Market Has Grown Over $30 Billion Since 2011
🔴 Main Challenges Faced in Web3 Gaming: Insights From Wolves DAO
🔴 Web3 Gaming Sector Shows Growth Despite Bearish Market
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Spectrum Deep Dive 🔥
Xsolla x Aethir = $1M Grant Program
Xsolla and Aethir have launched a $1 million grant program to support game developers creating innovative cloud gaming experiences. Announced ahead of GDC San Francisco, this initiative provides funding and GPU cloud computing resources to help developers scale their games.
Here's a quick overview…
💰 Funding & Support – Developers can apply for grants and cloud credits to enhance their cloud gaming projects.
💰 Xsolla’s Expertise – A global leader in game commerce, Xsolla offers payment solutions, monetization tools, and cloud distribution.
💰 Aethir’s GPU Cloud – A decentralized, scalable cloud computing infrastructure supporting AI, web3, AR/VR, and more.
This partnership is designed to empower game developers with the tools they need to succeed in the evolving cloud gaming industry.
More information is available here!
Spectrum Secrets 🤫
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Some web3 projects that are early but should keep tabs on…
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Spectrum Extra ⚡
M10 Secures $3 Million
Founded by industry veterans—including CEO Maitham Mohamed (Forbes 30 Under 30), President Lars Buttler (co-founder of Trion Worlds), and CCO Martin Capel (former Ubisoft game director)—M10 is building a new kind of free-to-play shooter that prioritizes fair monetization and player value.
Here is what you need to know…
M10, a web3 game developer focused on competitive multiplayer experiences, has raised $3 million in seed funding. Investors include:
🔹 Sui Foundation
🔹 GSR
🔹 Big Brain Holdings
🔹 Monoceros
🔹 Blockchain Founders Fund
🔹 Presto Labs
Want to learn more… here are the details!
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