New research shows that the gaming industry is expected to grow by only 2.7% in the next three years.
The research also states that the 2015-2020 period saw the most growth in gaming, spiking at 7.2%.
One of the primary reasons for this slow growth is that gamers spend less time playing video games than they did before.
Reports indicate that approximately 30% of the total playtime belongs to Fortnite, Roblox, Minecraft, and GTA V: Online
Game developers are bracing for this slow-growth period by laying off more employees.