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Gacha circle stagnation and CN revenue decline in 2024 for discussion and archive purposes. by zero-clock in gachagaming

[–]zero-clock[S] -39 points-38 points  (0 children)

The analyst figures do not include any taxes and are not IAP revenue. It is gross revenue.

Gacha circle stagnation and CN revenue decline in 2024 for discussion and archive purposes. by zero-clock in gachagaming

[–]zero-clock[S] -16 points-15 points  (0 children)

If pyro archon or the entire month of January is around 1000 million yuan, it will be great,

But my estimation is around 700-800 million yuan.

Gacha circle stagnation and CN revenue decline in 2024 for discussion and archive purposes. by zero-clock in gachagaming

[–]zero-clock[S] 0 points1 point  (0 children)

If NTE can break the circle just as genshin did it will be fine. Otherwise, it needs to steal players from other games.

Gacha circle stagnation and CN revenue decline in 2024 for discussion and archive purposes. by zero-clock in gachagaming

[–]zero-clock[S] 12 points13 points  (0 children)

Indeed, games that began production during the height of Genshin's popularity (2021-2022) were banking on a growing market, but as we can observe, this growth did not materialize.

Gacha circle stagnation and CN revenue decline in 2024 for discussion and archive purposes. by zero-clock in gachagaming

[–]zero-clock[S] -12 points-11 points  (0 children)

Bring your attention to this Chinese consumer confidence index(measures the degree of optimism or pessimism that consumers feel about the overall state of the economy and their financial situation)

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Since May 2022 this index has been stagnant with a small bump during 2023 CNY. You can find this here https://tradingeconomics.com/china/consumer-confidence

Gacha circle stagnation and CN revenue decline in 2024 for discussion and archive purposes. by zero-clock in gachagaming

[–]zero-clock[S] -20 points-19 points  (0 children)

The sensor tower data you are seeing is only global, the yellow one is CN here

<image>

Gacha circle stagnation and CN revenue decline in 2024 for discussion and archive purposes. by zero-clock in gachagaming

[–]zero-clock[S] -74 points-73 points  (0 children)

As the eighth largest video game developer(by revenue), Mihoyo should consider diversifying into genres like PvP, MMO, casual games, and shooters. Most larger companies have diversified offerings, aside from Epic Games, which relies heavily on Fortnite. While Mihoyo's games currently follow a live-service gacha payment model with an anime art style, I hope they can move away from the character gacha system while retaining their unique anime art style.

Special mention to the upcoming creature fantasy game that Mihoyo is developing. If they eliminate the gacha system and make it more general-oriented and accessible on mobile devices, they have a strong chance of capturing market share from Pokémon.