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Games Industry to Grow Less Than It Used to; Small Studios Should Join Subscriptions Sooner Rather Than Later, Say Analysts
Following the massive pandemic-induced boom experienced in 2020 and 2021 (+26.3% and +9.8%, respectively), when consumers turned to gaming en masse while forced at home, the games industry inevitably declined by around 5% last year when everyone was once again free to pursue other hobbies. This year, global revenue numbers will return to growth, but developers and publishers should get used to a reduced annual growth rate.