European video game markets faced significant challenges in 2024, with declining sales across all major platforms including Nintendo Switch, Xbox Series X/S, and PlayStation 5. Despite this industry-wide slowdown, certain sectors of gaming demonstrated resilience.
The PlayStation 5 Pro stood as the only notable hardware release from leading manufacturers—an enhanced iteration of Sony's existing platform. While appealing to performance-oriented gamers, this mid-generation refresh couldn't compensate for broader market contraction across Europe.
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Industry data reveals alarming sales trends: consolidated console purchases dropped 21% year-over-year in European markets. While PlayStation maintained relative stability (-20%), Nintendo Switch experienced a 15% decline and Xbox sales collapsed by 48%. This downturn reflects an aging console cycle, with current-generation systems having launched between 2017-2020. Notably, Meta's Quest 3S outperformed traditional consoles on Amazon US—a potential indicator of shifting consumer preferences.
The European games market remained stagnant in 2024 with just 1% growth—188.1 million PC and console games sold. This marginal increase masks significant structural changes: digital downloads surged 15% to 131.6 million units while physical sales cratered by 22% to 56.5 million copies.
Industry experts anticipate stronger performance in 2025, particularly with Nintendo's next-generation console expected to launch. However, these sales figures exclude several major European markets including the UK and Germany—suggesting actual performance may be stronger than reported.
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