#BIG_TECH | #INTERNATONAL_TECH_NEWS

Video game sales are set to #decline_annually for the #first_time in years, as another industry that boomed in the coronavirus era #faces the grim #prospect of a #recession.

The #global_games and services market is forecast to contract 1.2% year-on-year to $188 #billion in 2022,

The sector expanded 26% from 2019 to 2021, reaching a record $191 billion in size. #Sales of #video games have consistently grown since at least 2015..

https://www.cnbc.com/2022/07/07/video-game-industry-not-recession-proof-sales-set-to-fall-in-2022.html