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Nintendo has stated that it's maintained a hefty proportion of physical game sales at 38.5%, suggesting that the company has no desire to kill physical media anytime soon. https://bit.ly/4fZ7u2a

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It shouldn’t be a surprise with the Switch, when it led the pack with complete builds on a cartridge that could directly boot the game, saving time and storage. Sadly the Switch 2 may change that with Game Key Cards, unless larger carts begin getting produced.

I think this factor will only go up from them, they may even become the protest vote and see a massive switch to people buying more physical media from them. That what I’ve started doing, doubt I’m alone…