Insight: Global Game Console Forecast – A 2024 lull in demand before new product launches drive growth in 2025
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The COVID-19 pandemic lockdowns of 2020 and 2021 demonstrated the importance of console gaming to the lives of millions of consumers, whether they are hardcore gamers playing online with friends across different platforms or with more casual gamers playing with family. Millions of consumers tried new entertainment sources for the first time during the lockdowns and many turned to game consoles to alleviate boredom and help keep household members entertained.