A new survey released by Newzoo provided details about video game consumption habits in 2023. The report indicates that the focus on old games grew last year, with the platforms’ rankings being led by titles that have been around for more than six years.
According to the company, the industry reached US$93.5 billion in revenue in 2023. This value received a significant contribution, in particular, from 66 games, which represented around 80% of game time in the 12 months of the respective period .
Of this rate, 60% of the time was consumed with old games, that is, referring to franchises or IPs already established and six or more years old. Furthermore, most of them involve the live services market, represented by Fortnite, Roblox, League of Legends and others.
Check out an infographic shared by Newzoo below:
Old games and sequels are highlighted in the search
The preference for old games in 2023 is also reflected in more recent releases. This is because practically no game in the top ten on PC, PlayStation, Xbox and Nintendo Switch concerns a new IP — with the exception of Starfield.
“It will be increasingly challenging to grow a game’s player base,” says the company. “Particularly in our current landscape where evergreen titles and robust content channels reign supreme.” In practical terms, only 8% of time played was spent on new, non-annual titles.
Tags: Consumption games grew research
