RAEC: the Russian gaming market will grow by 7-10% in 2023
The Russian Association of Electronic Communications (RAEC) believes that in 2023 the revenue of the Russian gaming market will begin to grow again. Maria Saikina, the chief analyst of the association, shared this forecast in an interview with TASS.
“There is a feeling that the games market at least will not sink any more. I think there will be a slight increase. Growth in the region of 7-10% can be predicted,” Saikina said.
According to the analyst, the main drivers of growth may be the support of the authorities and the “Internet Development Institute”, as well as the release of games from Russian companies in China.
Earlier, the RAEC estimated that in 2022, the revenue of the Russian gaming market fell by 78% to 21.8 billion rubles.
