In addition to an online show, E3 will also feature an in-person event for the first time since 2019.
E3 flatline

A Washington Post interview with ESA president and CEO Stan Pierre-Louis, says that E3 will return in 2023 and will be both online and an in-person event. This will be the first in-person E3 event since 2019 due to COVID-related cancellations and whatnot.

When word about E3 2022's cancellation came about, it was said that E3 was returning in 2023. At the time, we did not know if it would return as an online-only event or if it would return to an in-person event. As it turns out, it's coming back as both.

Here is what Pierre-Louis had to say about E3's return plans.

"We’re excited about coming back in 2023 with both a digital and an in-person event. As much as we love these digital events, and as much as they reach people and we want that global reach, we also know that there’s a really strong desire for people to convene — to be able to connect in person and see each other and talk about what makes games great."
It does beg the question though: What will an in-person E3 event even look like in 2023? Even while the event wasn't hindered by COVID-related issues, it was on the decline. Several publishers and studios had already pulled out of attending the event over the years. Even major hardware manufacturers like Sony and Nintendo pulled out of the event and have done their own showcases separate from E3. The void left by E3 has already been filled by these individual shows and even the "Summer Game Fest" thing from Geoff Keighley.

How relevant E3 will be next year is anybody's guess.