Asia Tech Wire (Sep 6) -- The game subscriptions market will grow in value and importance with revenues exceeding $27 billion by 2028, according to Omdia's latest forecast.

Omdia expects spending on game subscriptions to reach $19 billion in 2024.

The agency noted that paid game subscriptions are due to total 168 million by the end of 2024, rising to 203 million by 2028 (excluding in-game subscriptions).

Omdia predicts that the $27 billion spent on game subscriptions will account for 14% of total global game spending by 2028.