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Video Game Market Set for Major Growth!

Video Game Market Set for Major Growth!

The global video game market is on the rise, primarily driven by console gaming until 2027. A new report from Newzoo highlights the upcoming releases of Grand Theft Auto VI and Nintendo's next-generation Switch as key factors for growth. After facing challenges like layoffs and project cancellations in 2024, the gaming industry is poised for recovery. Major titles like GTA VI and popular franchises such as Spider-Man and God of War have kept gamers engaged. By 2027, console revenue is expected to surpass 56% of the combined gaming market, reaching $92.7 billion, indicating a bright future for console gaming.

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