The video game industry faces an exciting year in 2024. 2023 was a historic year for the gaming industry, marked by major releases and significant layoffs.

As companies try to balance their cultural success and business failures, the question arises as to how the scales will tip this year.

Overview:

2024 could be one of the most mysterious years in gaming history. We are in the middle of a console cycle, and big titles like “Grand Theft Auto 6” won’t be released until 2025. Many companies will have to cope with significantly smaller teams.

Predictions for 2024:

• Slowing down the game cycle: 2023 was a year full of blockbusters like “Marvel’s Spider-Man 2” and “The Legend of Zelda: Tears of the Kingdom.” However, 2024 is likely to be quieter, partly due to the long-term effects of the COVID-19 pandemic and the numerous layoffs in the industry.
• Nintendo’s new console: Rumors suggest that Nintendo could release its next console in 2024, which could cause a stir in the second half of the year. There is also the possibility that this new console could flop, similar to the Wii U after the success of the Wii.
• PlayStation and Xbox: The PS5 is in a difficult position with a not-so-exciting release schedule, while Xbox is expected to gain momentum with titles like “Senua’s Saga: Hellblade 2” and “Avowed,” as well as the acquisition of Bethesda and Activision Blizzard.
• Summer Game Fest: After the official end of E3, Geoff Keighley’s Summer Game Fest could gain significance this year and possibly become a full replacement for E3.

2024 seems to be a year full of changes and uncertainties for the gaming industry, with potential surprises and challenges for both the big players in the industry and gamers themselves.