Gaming industry
The best time and progressive development of the game industry
Last updated
The best time and progressive development of the game industry
Last updated
Today, according to Newzoo, the gaming industry has about 3 billion gamers. Collectively, gamers bring in more than $189 billion in revenue!
Video games are a very exciting, yet multi-billion dollar business that has been around for years. And thanks to revolutionary technologies in the digital space, the gaming sector has become a more attractive, popular and effective tool for players and developers as well, and investors have received more effective solutions to increase their own revenues.
According to some forecasts, the gaming market is expected to grow significantly to $314 billion by 2025, a CAGR of about 10%.
And that's without taking into account how fast blockchain and cryptocurrency developments are integrated into the segment.
The bulk of revenues in 2020 came from mobile games, over $77 billion. Right now, mobile games account for about $86.3 billion, at the same time PC games account for only $37.4 billion.
