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Console, PC gaming to make 27% of total U.S. gaming revenues in 2023, shrink to 23% by 2027

New forecast date from Pricewaterhouse Coopers (PwC) indicates that console and PC gaming will only comprise 27% of total U.S. games earnings for 2023.

Console, PC gaming to make 27% of total U.S. gaming revenues in 2023, shrink to 23% by 2027
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Senior Gaming Editor
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Traditional console and PC gaming segments are expected to comprise less than half of 2023's total revenues in the United States,

Console, PC gaming to make 27% of total U.S. gaming revenues in 2023, shrink to 23% by 2027 377

New data from analyst firm Pricewaterhouse Coopers (PwC) indicates that console and PC gaming are expected to shrink from 2023 onwards, driven by gains in the social and casual gaming segment. According to the figures that were published by VentureBeat, the firm expects console and PC gaming to generate $15.514 billion in the United States throughout 2023, comprising about 27% of total regional earnings.

Casual gaming, which includes mobile titles, is expected to make $34.459 billion in 2023, driven primarily by advertisements (over $20 billion) and in-app spending like microtransactions.

Console, PC gaming to make 27% of total U.S. gaming revenues in 2023, shrink to 23% by 2027 1
Console, PC gaming to make 27% of total U.S. gaming revenues in 2023, shrink to 23% by 2027 2

On a segment level, physical sales will apparently make more than digital game sales and microtransactions in 2023, but that trend will change by 2027.

Console, PC gaming to make 27% of total U.S. gaming revenues in 2023, shrink to 23% by 2027 3
Console, PC gaming to make 27% of total U.S. gaming revenues in 2023, shrink to 23% by 2027 4

In fact, console and PC gaming are expected to drop to 23% U.S. market share by 2027 as well. Digital is on the rise, as evidenced by multiple video game company revenue sheets--EA, Take-Two, Ubisoft, Capcom to name a few--and is expected to make $3.426 billion in 2023, accounting for roughly 35% of total console revenues throughout the year.

Console, PC gaming to make 27% of total U.S. gaming revenues in 2023, shrink to 23% by 2027 5
Console, PC gaming to make 27% of total U.S. gaming revenues in 2023, shrink to 23% by 2027 6

PC gaming is expected to make $5.661 billion in 2023, the bulk of which will be driven by online titles with microtransactions. Digital PC game sales are expected to make $843 million, and physical games will be halved to around $2 million. Interestingly enough, PwC expects physical PC games to drop below $1 million in sales starting in 2025.

It will be interesting to see how this data aligns with other analyst firms such as Circana (formerly the NPD Group) as well as Newzoo.

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News Source:venturebeat.com

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About the author

Senior Gaming Editor

Derek joined TweakTown in 2015 and has since reviewed and played 1000s of hours of new games. Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

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