How much is the global gaming industry worth 2020?

How much is the global gaming industry worth 2020?

The global gaming market was valued at USD 173.7 billion in 2020, and it is expected to reach a value of USD 314.4 billion by 2026, registering a CAGR of 9.64% over 2021-2026.

How many gamers does newzoo have?

New gaming content no longer means new games or new hardware—a new season pass is just as likely to drive revenues.” Likewise, the audiences for games and gaming content have continued to grow, even following 2020’s unprecedented addition of new gamers: 3.0 billion players will drive the above revenues.

How big is the gaming market globally?

24, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights™, the global gaming market size is expected to gain momentum by reaching USD 545.98 billion by 2028 while exhibiting a CAGR of 13.20 % between 2021 and 2028.

What is the predicted value of global video games market for 2021 Statista 2020?

This timeline presents a forecast of the value of the global video game market from 2012 to 2021. In 2018, the market was expected to be worth approximately 115 billion U.S. dollars and the source projects the industry revenues to surpass 138 billion by 2021.

How big is the gaming industry in 2021?

In 2021, the video game market size in the United States surpassed 85.86 billion U.S. dollars, up from the all-time industry high in 2020 with 76.15 billion U.S. dollars.

How much money did the gaming industry make in 2021?

In 2021, smartphone games generated approximately 81.5 billion U.S. dollars in annual revenue, accounting for 52 percent of the global gaming market during the measured period….Video game market revenue worldwide in 2021, by segment (in billion U.S. dollars)

Characteristic Revenue in billion U.S. dollars

Which video game company has the biggest share of the global local market?

For further in-depth data on global games market companies and revenues, see our Global Games Market Report….* = based on estimates.

1.
Company Tencent
Revenues $8,299M
Change 00%

How many gamers are there in the world 2021?

Number of video gamers worldwide 2021, by region In total, there were an estimated 3.24 billion gamers across the globe.

How much did mobile games make in 2021?

2021 was a massive year for mobile gaming. According to new mobile statistics from App Annie, the mobile gaming market broke a number of records in 2021, including a massive surge in app spending, playtime, and more.

How big is the game industry in 2020?

In 2020, the revenue from the worldwide PC gaming market was estimated at almost 37 billion U.S. dollars, while the mobile gaming market generated an estimated income of over 77 billion U.S. dollars.

What does global gaming industry growth look like in 2021?

Global Gaming Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026) The global gaming market was valued at USD 173. 70 billion in 2021, and it is expected to reach a value of USD 314. 40 billion by 2027, registering a CAGR of 9.

Is newzoo a reliable source?

The world’s most trusted and quoted source for games market insights and analytics. We help some of the world’s largest entertainment, technology, and media companies to target their audience, track competitors, spot opportunities, and make strategic and financial decisions.

How much is the video game industry worth 2022?

Revenue in the Video Games segment is projected to reach US$175,060m in 2022. Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 8.17%, resulting in a projected market volume of US$239,676m by 2026. In the Video Games segment, the number of users is expected to amount to 3,197.7m users by 2026.

How profitable is the video game industry?

In 2020, the gaming industry generated $155 billion in revenue, By 2025, analysts predict the industry will generate more than $260 billion in revenue.

How much is game worth?

As of 2022, The Game’s net worth is approximately $25 million. Jayceon Terrell Taylor, better known as The Game, is a famous American rapper and actor….

Net Worth: $25 Million
Born: November 29, 1979
Country of Origin: United States of America
Source of Wealth: Professional Rapper
Last Updated: 2021

Which country has the biggest gaming industry?

The biggest video game markets As of 2020, it is estimated that China ranks first among the biggest gaming markets worldwide, with a revenue of 40.85 billion U.S. dollars. The video gaming market in the United States ranked second, generating an approximate 36.92 billion U.S. dollars in annual revenues.

How many gamers are there in the world 2022?

This year, a resounding 2.96 billion people worldwide will play digital games, whether via console, computer, or mobile device, and that figure is poised to surpass 3 billion in 2022.

Is the gaming industry growing?

Gaming is one of the fastest-growing sunrise industries in India, clocking 40% growth in 2019–20. The industry generated US$ 1.5 billion in net revenue during this period and is expected to surpass US$ 5 billion by 2025.

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