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Can 'GTA VI' revive the videogame industry?
Can 'GTA VI' revive the videogame industry?

Express Tribune

timea day ago

  • Business
  • Express Tribune

Can 'GTA VI' revive the videogame industry?

The global videogame market's growth rate is expected to improve marginally in 2025 from the previous year, according to a report from research firm Newzoo, seen exclusively by Reuters on Tuesday. Analysts and industry experts had projected a surge in industry growth this year due to the expected blockbuster launch of Take-Two's Grand Theft Auto VI and new consoles. However, the delay of the long-awaited title to next year and price hikes to videogame hardware, arising from tariffs, have made consumer spending uncertain. The global videogame market is projected to grow 3.4 per cent to $188.9 billion in 2025, compared with last year's growth of 3.2 per cent, according to the report. "This forecast reflects concrete changes, hardware cycles, pricing trends, install base growth, and title pipelines," said Michiel Buijsman, principle analyst at Newzoo. Compounded annually, Newzoo expects the market to grow 3.3 per cent till 2027, compared with its earlier forecast of 3.7 per cent As GTA VI is scheduled to launch in 2026, the industry will most likely see the boost from sales next year along with the release of other premium titles such as Capcom's Resident Evil Requiem. The launch of GTA VI on PC is also expected to carry growth through 2027, the report said. Price increases to Microsoft's Xbox and Sony's PlayStation devices have sparked fears of slower hardware sales as consumers globally grapple with market uncertainty. Xbox also unveiled its own handheld console, the Xbox Ally, earlier this month, developed in partnership with ASUS and set to launch in holidays 2025. However, despite this uncertain trajectory of videogame uptake, earlier this month, as per AFP, the Switch 2 smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first four days.

Resident Evil Requiem headlines the next Capcom Spotlight livestream
Resident Evil Requiem headlines the next Capcom Spotlight livestream

Yahoo

timea day ago

  • Entertainment
  • Yahoo

Resident Evil Requiem headlines the next Capcom Spotlight livestream

Summer Game Fest might be in the rear-view mirror, but the gaming showcases are still coming. Capcom has announced that its next Spotlight livestream will take place on June 26. Planned to last around 40 minutes, the showcase will focus on upcoming titles Pragmata and Resident Evil Requiem, which was announced during Summer Game Fest proper earlier this month. As well as news, the event will include developer interviews. Capcom is also promoting Monster Hunter Wilds and Street Fighter 6 as featured games, so expect new information on updates or fresh content for those existing titles in the showcase. We already know that the Title 2 Update for Monster Hunter Wilds is due at the end of the month, which will add new monsters and a new seasonal event. The last Capcom Spotlight took place in February, where Capcom announced the remaster of Onimusha 2: Samurai's Destiny. We wouldn't expect any new game announcements this time, but it could happen. More exciting is the possibility of new footage of Resident Evil Requiem, which was arguably the biggest announcement of SGF 2025. We know we'll be playing as a new character, named Grace Ashcroft, and that you'll be able to choose between a first and third-person perspective throughout the game. Engadget's Mat Smith got to play Pragmata at SGF, where he called it a 'satisfying sci-fi shooter' and came away impressed by the elegance of its dual-protagonist gameplay. Capcom first announced the game way back in 2020, so it's a long time coming. The next Capcom Spotlight livestream will kick off on June 26 at 6pm ET.

Resident Evil Requiem headlines the next Capcom Spotlight livestream
Resident Evil Requiem headlines the next Capcom Spotlight livestream

Engadget

timea day ago

  • Entertainment
  • Engadget

Resident Evil Requiem headlines the next Capcom Spotlight livestream

Summer Game Fest might be in the rear-view mirror, but the gaming showcases are still coming. Capcom has announced that its next Spotlight livestream will take place on June 26. Planned to last around 40 minutes, the showcase will focus on upcoming titles Pragmata and Resident Evil Requiem , which was announced during Summer Game Fest proper earlier this month. As well as news, the event will include developer interviews. Capcom is also promoting Monster Hunter Wilds and Street Fighter 6 as featured games, so expect new information on updates or fresh content for those existing titles in the showcase. We already know that the Title 2 Update for Monster Hunter Wilds is due at the end of the month, which will add new monsters and a new seasonal event. To view this content, you'll need to update your privacy settings. Please click here and view the "Content and social-media partners" setting to do so. The last Capcom Spotlight took place in February, where Capcom announced the remaster of Onimusha 2: Samurai's Destiny . We wouldn't expect any new game announcements this time, but it could happen. More exciting is the possibility of new footage of Resident Evil Requiem , which was arguably the biggest announcement of SGF 2025. We know we'll be playing as a new character, named Grace Ashcroft, and that you'll be able to choose between a first and third-person perspective throughout the game. Engadget's Mat Smith got to play Pragmata at SGF, where he called it a 'satisfying sci-fi shooter' and came away impressed by the elegance of its dual-protagonist gameplay. Capcom first announced the game way back in 2020, so it's a long time coming. The next Capcom Spotlight livestream will kick off on June 26 at 6pm ET.

GTA 6 Delay Impacts Global Video Game Market Growth - Jordan News
GTA 6 Delay Impacts Global Video Game Market Growth - Jordan News

Jordan News

time2 days ago

  • Entertainment
  • Jordan News

GTA 6 Delay Impacts Global Video Game Market Growth - Jordan News

The global video game market is expected to see only a modest improvement in growth in 2025 compared to the previous year, according to a report by research firm Newzoo. Analysts and industry experts had initially projected a more significant boost for the industry this year, fueled by the highly anticipated launch of Grand Theft Auto VI from Take-Two Interactive and the release of next-generation gaming hardware. اضافة اعلان However, the delay of GTA 6 to 2026, coupled with rising console prices due to tariffs, has cast uncertainty over consumer spending in the gaming sector. According to Newzoo's report, the global video game market is projected to grow by 3.4% to $188.9 billion in 2025, slightly higher than the 3.2% growth recorded in 2024. 'These projections reflect tangible shifts in hardware cycles, pricing trends, install base expansion, and the upcoming game release schedule,' said Michiel Buijsman, lead analyst at Newzoo. A Bigger Boost Expected in 2026 With GTA VI now set for a 2026 release, the industry is expected to see a more significant sales boost next year, especially with other major titles like Capcom's "Resident Evil Requiem" also on the horizon. The report noted that the eventual release of GTA 6 on PC could help extend the growth momentum into 2027. Hardware Pricing and Market Concerns The report also highlighted consumer concerns surrounding rising hardware prices. Both Microsoft's Xbox and Sony's PlayStation consoles have seen price increases, which may deter potential buyers amid ongoing economic uncertainty worldwide. Even though Nintendo's Switch 2 is on track to become the company's fastest-selling console, Xbox is still trailing behind the sales performance of its previous generation. 'We expect higher Xbox sales than last year, but not record-breaking numbers,' Buijsman explained. 'As for PlayStation 5, sales are projected to stay slightly below those of the PlayStation 4.' New Hardware on the Horizon Microsoft recently unveiled its new handheld gaming device, the Xbox Ally, developed in collaboration with ASUS. The device is scheduled to launch during the 2025 holiday season, potentially adding momentum to the market during the year-end sales window. Despite the current tempered growth, 2026 is shaping up to be a milestone year for the gaming industry, with flagship game launches and new hardware releases poised to drive stronger performance across global markets.

‘GTA VI' delay weighs on global videogame market growth, data shows
‘GTA VI' delay weighs on global videogame market growth, data shows

Indian Express

time3 days ago

  • Business
  • Indian Express

‘GTA VI' delay weighs on global videogame market growth, data shows

The global videogame market's growth rate is expected to improve marginally in 2025 from the previous year, according to a report from research firm Newzoo, seen exclusively by Reuters on Tuesday. Analysts and industry experts had projected a surge in industry growth this year due to the expected blockbuster launch of Take-Two's 'Grand Theft Auto VI' and new consoles. However, the delay of the long-awaited title to next year and price hikes to videogame hardware, arising from tariffs, have made consumer spending uncertain. The global videogame market is projected to grow 3.4% to $188.9 billion in 2025, compared with last year's growth of 3.2%, according to the report. 'This forecast reflects concrete changes, hardware cycles, pricing trends, install base growth, and title pipelines,' said Michiel Buijsman, principle analyst at Newzoo. Compounded annually, Newzoo expects the market to grow 3.3% till 2027, compared with its earlier forecast of 3.7%. As 'GTA VI' is scheduled to launch in 2026, the industry will most likely see the boost from sales next year along with the release of other premium titles such as Capcom's 'Resident Evil Requiem.' The launch of 'GTA VI' on PC is also expected to carry growth through 2027, the report said. Price increases to Microsoft's Xbox and Sony's PlayStation devices have sparked fears of slower hardware sales as consumers globally grapple with market uncertainty, even as Nintendo's Switch 2 became the company's fastest-selling console. 'Xbox generally is falling further behind on Xbox One, so there will be more sales to come but we don't expect big numbers… we expect that the lifetime units of PS5 will still slightly trail PS4,' Buijsman said. Xbox also unveiled its own handheld console, the Xbox Ally, earlier this month, developed in partnership with ASUS and set to launch in holidays 2025.

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