Generational Change in the Gaming Industry: High Budgets, Low Sales, and the Shift Toward Social Gaming
The gaming industry is experiencing what Epic Games CEO Tim Sweeney refers to as a “generational change.” This shift is largely driven by market saturation and evolving consumer preferences, leading to many high-budget game releases failing to meet sales expectations. Sweeney highlighted this during his keynote address at Unreal Fest 2024, where he elaborated on…