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Reported 4.2% Drop In The Console Gaming Market – Where Are Gamers Flocking To?


Despite a recent dip in the sales of video game consoles of around 4.2%, the console sector and the gaming industry as a whole have stabilized and will remain vibrant, with continued steady growth expected.

The question being asked here is, with a reported 4.2% drop in the console gaming market, where are gamers flocking to? Let’s dive straight in to find out.

Where are gamers flocking to if they aren’t playing from their console?

While there is still a huge appetite for gaming from a traditional console, many gamers find these devices too inconvenient for playing their favorite games and are turning away from them.

They are regarded as being too heavy and clunky. Others say they take too long to download games, and the loading time of the games is also too long, especially when compared to playing games from a mobile device.

Some of these people are flocking to their smartphones, and others are switching to playing from dedicated handheld gaming devices, such as the Nintendo Switch, the Nintendo Switch Lite, the SteamDeck, the PlayStation Vita, the Asus ROG Ally, and the Nintendo Switch OLED.

Gamers are still playing their same favorite games, but instead of playing them from their consoles, they are now playing them from their preferred handheld device.

There are also now several sophisticated smartphones that have been built specifically with gaming in mind, and they are far more mobile than consoles and, in many cases, cheaper than consoles too. Thanks to mobile gaming, players can now play their favorite games from almost anywhere.

You can stay up to date with some of the latest stories from the iGaming sector by checking out the latest news 32Red has to offer on the official 32Red.com website. Let’s now take a look at several popular mobile phones that players use today for gaming.

Which mobile phones are best for gaming?

Some of the most trusted gaming smartphones in 2023 are the following:

  • Xiaomi Black Shark 5 Pro
  • Samsung Galaxy S22 Ultra
  • Samsung Galaxy S23 Ultra
  • Asus ROG Phone 7 Ultimate
  • Apple iPhone 14 Plus
  • Samsung Galaxy Z Fold 3
  • Samsung Galaxy Z Fold 4
  • Samsung Galaxy Z Fold 5
  • Nubia Red Magic 7 Pro

Will consoles stop getting made?

PC Gaming (gaming from a powerful laptop or desktop computer) is also on the rise, which begs the question, will console gaming eventually die out? For the time being, no. Consoles like the Xbox Series S/X and the Playstation 4/5 are still being sold in their hundreds of thousands.

In other words, while companies are still making huge profits from selling their consoles, they will continue to roll them off the production line. Only when sales hit an all-time low will the manufacturers stop producing them, but that won’t be any time soon. However, it may not be in the too-distant future.

There will always be a market for video game consoles because a huge percentage of the gaming community still enjoys playing games from consoles and would never dream of playing games from their smartphone or a dedicated handheld gaming device.

One thing that is certain is that mobile and cloud gaming will become far more popular than console gaming based on current trends. It also looks as though the trend of moving away from console gaming to mobile gaming will continue for the foreseeable future.

What are 2023’s most popular video games?

If you’re looking to play some of the most popular new video games, several hit titles to keep an eye out for in 2023 that many players can’t seem to get enough of are Call of Duty®: Warzone™ Mobile, Final Fantasy XVI, Mortal Kombat: Onslaught, Kerbal Space Program 2, Street Fighter 6, and Starfield.

Others include Honkai: Star Rail, Terra Nil, Final Fantasy VII: Ever Crisis, Farming Simulator 23, and Call of Dragons, to name just a few.

Most of these games can be accessed from a variety of handheld gaming devices, smartphones, tablets, smart TVs, consoles, laptops, and desktop computers, provided the device has a stable Wi-Fi/internet connection.