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"We think it is now the time to come with high quality free-to-play games across all our biggest franchises across all platforms, but of course it will take time before proving it in a more assertive way."

For upgraders, the VIVE Pro 2 is available for pre-order from 6pm BST on 11 May.

Across Europe 68 per cent of respondents had a gaming subscription

Franchise has shipped over 100m copies to date

Epic Games offered $200m to Sony for PlayStation ports to the Epic Games Store, according to a leaked document.

“I don’t think demand is calming down this year and even if we secure a lot more devices and produce many more units of the PlayStation 5 next year, our supply wouldn’t be able to catch up with demand."

also The 4 Winds, Rust on consoles, the making of Townscaper and more

Installations of Twitch's mobile app hit 22m in the first quarter of 2021, 62% year-over-year from 13.6 million in Q1 2020.

This marks the first time in Newzoo’s history that it has forecast the games market to decline – though growth is still on the horizon, with the industry projected to exceed $200bn in 2023

Ubisoft has announced a new entry to The Division franchise, a free-to-play title called Tom Clancy’s The Division: Heartland.