From 2013 to 2023, New Zealand's home video games market size per capita declined steadily from about $46 to nearly $30. The year-on-year percentage change over the past two years reveals a minor decline from 2021 to 2023, maintaining a slightly downward trend. The five-year CAGR highlights a consistent annual reduction in value, marking a downward pressure on the market since 2018.
Future trends to watch for include:
- Potential growth in mobile and digital gaming segments could challenge traditional home video game markets.
- Advancements in gaming technology, including virtual reality, could alter current trends.
- Shifts in consumer preferences toward subscription-based gaming services may influence market dynamics.
