The game industry is pinning its hopes and dreams on 2023

Better luck next year
2022 started off strong for the game industry, but by now developers, publishers and event organizers have all but given up on salvaging the remainder of the year and are looking forward to 2023 to get back on track.

In a market that’s usually financially intertwined with dependable cycles of high activity and quiet downtime, this year has proved especially unpredictable. Games have been delayed left and right, events canceled and rescheduled for next year, and market forecasts are now showing a decline after two years of major growth. But the downturn may be short-lived, as game makers are gearing up for a comeback in 2023.

E3 will be back. The Entertainment Software Association announced last week that it was not, in fact, giving up on E3 — once upon a time arguably the most culturally important video game show in the industry, but greatly diminished in relevance in recent years.

A stacked year of delayed releases. The beginning of 2022 featured major releases once slated for 2021, including FromSoftware’s Elden Ring and Guerrilla Games’ Horizon Forbidden West. Now, the same situation appears lined up for 2023, though game makers are hoping to avoid a similar hole in the second half of the calendar next year.

Source: https://www.protocol.com/newsletters/entertainment/e3-2023-game-industry-slowdown?rebelltitem=1#rebelltitem1