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U.S. Video Game Industry Faces Stagnation Amid Rising Costs and Cultural Challenges
U.S. Video Game Industry Faces Stagnation Amid Rising Costs and Cultural Challenges
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BTCCSquare news:
The U.S. video game industry has plateaued, with annual revenues hovering around $59 billion since 2019. Despite outperforming combined sales of film, music, and publishing sectors, growth has stalled as AAA studios grapple with ballooning development costs and consumer dissatisfaction.
Cultural polarization, monetization backlash, and technical shortcomings have eroded player trust. Revenue figures reveal a stagnant market: $59.3B (2019), $57.7B (2020), $61.2B (2021), $57.4B (2022), $59.5B (2023), and $59.3B (2024). This flat trajectory contrasts sharply with the crypto sector's volatility-driven growth opportunities.
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