The volume of the Russian video game market in 2021 may grow by 1% and amount to ₽165.6 billion – in 2020 this figure reached 35% or ₽163.4 billion. The forecast was presented by the international gaming brand MY.GAMES. The estimate includes revenue from players across all platforms in Russia, excluding advertising revenue.
The slowdown in growth rates was commented on by the CEO of the company Vasily Maguryan. He noted that the decrease in indicators is associated with a sharp jump in the market in 2020.
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Vasily Maguryan:
“According to our forecasts, the Russian gaming market in 2021 will grow by 1% against growth by 14% and 35% in 2019 and 2020, respectively. Approximately the same dynamics can be traced in the global market, where the volume of the industry, according to NewZoo, in 2021 will decrease by 1.1%. These numbers are primarily due to the high base effect caused by the strict lockdowns of 2020, when people spent more time playing at home. Despite the slowdown in growth rates, over the past four years the games industry has grown 1.6 times (from 106.5 billion rubles). In 2022, we expect the situation to stabilize and the growth rate of the Russian video game market to return to double-digit indicators. ”
The MY.GAMES forecast also states that the Free-to-play segment will remain the largest in Russia and will amount to 85% or ₽144.4 billion of the total market. Among platforms, the first place in terms of volume will be occupied by the title market on the PC. Its revenue in 2021 may amount to ₽78.1 billion . The second place will be taken by mobile games. Their market is expected to grow by 10% and amount to ₽ 73.8 billion. The last place will go to titles for consoles, the volume of their segment may decrease by 5% compared to 2020 and amount to ₽ 13.64 billion.
In May, the forecast for the volume of the video game market in 2021 was presented by analysts at Newzoo. In their opinion, this figure will decrease by 1.1% compared to 2020 and will amount to $ 175.8 billion.
Source: MY.GAMES