According to Newzoo's report shared with Reuters, the global videogame market's growth rate is anticipated to reach 3.4% in 2025, a slight increase from 3.2% the previous year. The expected growth surge was initially fueled by the upcoming launch of Take-Two's Grand Theft Auto VI and new gaming consoles. However, its delay to 2026 and rising hardware costs due to tariffs have introduced uncertainty in consumer spending. The report suggests a compounded annual growth rate of 3.3% until 2027, with some titles anticipated to boost sales significantly next year.
Analysts and industry experts had projected a surge in industry growth this year due to the expected blockbuster launch of Take-Two's Grand Theft Auto 6 and new consoles.
The launch of GTA 6 on PC is also expected to carry growth through 2027, the report said.
Price increases to Microsoft's Xbox and Sony's PlayStation devices have sparked fears of slower hardware sales as consumers globally grapple with market uncertainty.
This forecast reflects concrete changes, hardware cycles, pricing trends, install base growth, and title pipelines, said Michiel Buijsman.
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