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Video game industry faces sluggish growth in 2024 amid weak console sales, research firm says

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Summary
Nutrition label

82% Informative

The games industry is set to grow 2.1% year over year to an estimated $187.7 billion , Newzoo says.

That is slightly down from an earlier forecast of 2.8% year-over-year growth in 2024 .

Still, the launch of a successor to Nintendo 's Switch console and Grand Theft Auto VI are expected to boost the industry's prospects in 2025 .

VR Score

89

Informative language

92

Neutral language

54

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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