Mobile games’ revenue will pass the $100 billion mark by 2023. The latest facts about video games reveal it’ll even reach $103.93 billion in 2026! 7. It has certainly enjoyed a memorable time since 2015. The console gaming market is ending 2022 at $72.67 billion, with a CAGR of 11%. The US follows closely behind, with $47.62 billion. The country is set to generate $50.18 billion. China boasts the largest video games market worldwide.Ĭhina ranks first among the most prominent gaming markets in the world. They further claim that Asia-Pacific will remain the world's most significant digital gaming market, with expectations for a 3.4% annual growth. The region’s revenue is set to be over $96.3 billion by end-2022. Let’s see what the 2022 gaming industry statistics have to say about it: Asia-Pacific lays claim to the largest revenue from gaming worldwide. Samsung is still the most prominent VR company worldwide, but even up-and-comers, such as Bigscreen VR and AltspaceVR, are fast progressing into the future of virtual games, much quicker than many expect. So, immersive gaming (or VR gaming ) is about 20 times more interesting than traditional games. What’s the deal behind such immense growth? In comparison, the 2022 figure is projected at $1.6 billion. Immersive gaming is expected to surpass $2.4 billion in global revenue by 2024. So what do such stats tell us about the video game industry revenue by year ? That, evidently, its dominance has just begun! 3. What’s more, the market grew and is set to continue at a 2.29% annual rate for the 2020–2024 period. ![]() The 2017 earnings were “just” $78.61 billion, while the 2020 ones went over $90 billion. The video games segment will hit a sales volume of $100.56 billion by 2024! Moreover, stats point to a growth rate of 12.1% for the 2022–2028 period. The market’s worth is predicted to reach $435 billion by 2028.Ī massive start! So almost half a trillion dollars are in store for the gaming industry. To keep you in the loop, we have compiled a collection of essential info on the video game industry revenue in 2022 ’s state. Let's check out the latest data! How Much Is the Gaming Industry Worth in 2023 : Key Statistics Those are some impressive numbers, right?
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