10/12/2023 0 Comments How much money does a pro gamer makeĬrucial Findings About the Video Games Industry In 2022, it generated a revenue of $607 million in the US. This freemium mobile game is still going strong despite already being in its tenth year in the mobile gaming market. These moves have helped China-domiciled mobile game makers raise their aggregate market share in the global mobile games market from less than 10% in 2017 to 22% by the end of 2022.Ĭandy Crush is more than just your typical mom’s mobile obsession. Their online gaming companies have methodically entered global markets, moving from development- and publishing-only strategies to co-development with multinational companies. It retained its industry leadership even after Chinese regulators stopped approving “Banhao” game monetization licenses for nearly 8 months before resuming approvals in April 2022. The country’s online games industry has the highest number of users, about 650 million, and revenue of about $45 billion in 2022. The country expects to generate $45.8 billion. At $45.8 billion, China boasts the most significant video games market worldwide.Ĭhina ranks first among the major gaming markets in the world. Most e-gamers are in Asia, and gaming companies also target these countries. They further claim that Asia-Pacific will remain the world's most significant digital gaming market, with expectations for a 3.4% annual growth. At the same time, the region's income is set to be over $96.3 billion by the end of 2022. The Asia Pacific digital gaming market will grow at a CAGR of 23.1%, leading to a revenue of $241.56 billion by 2023. Asia-Pacific claims the most significant global gaming revenue, with $96.3 billion. The total revenue for AR is set to hit $340 billion by 2028. Similarly, augmented reality or AR also follows the same upward trend. Still, even up-and-comers, such as Bigscreen VR and AltspaceVR, are fast progressing into the future of virtual games, much quicker than many expect. Samsung is still the most prominent VR company worldwide. Immersive gaming, or VR gaming, is 20 times more interesting than traditional games. After earning $1.1 billion in 2020, this niche gaming industry predicts to double by 2024, reaching over $2.4 billion. In comparison, the 2022 figure is projected at $1.6 billion. VR Gaming will surpass $2.4 billion in global revenue by 2024. The console was so popular that it earned Microsoft $750 million within one season.ģ. While many tech innovations take years, and sometimes decades, before it’s ready for the market, Microsoft only took 20 months to launch the Xbox. Social or casual gaming will generate revenue of $185.8 billion, while in-game purchase spending will be worth $68 billion.Ĭonsidering that there are currently 3 billion active gamers worldwide, there will be an exponential climb in gaming industry revenue in the coming years. On the other hand, console gaming will amount to $30 billion. #HOW MUCH MONEY DOES A PRO GAMER MAKE PC#In 2023, PC gaming's annual revenue was forecasted to reach $25.5 billion. Moreover, gaming statistics point to a growth rate of 13.20% for the 2022–2028 period. The gaming market’s worth is predicted to reach $545.98 billion by 2028.Īlmost half a trillion dollars are in store for the gaming industry. It will reach $376.08 billion in value by 2028 as it increasingly becomes a pillar of modern entertainment for its global audience. The gaming market is estimated at $245.10 billion in 2023, growing at a CAGR of 8.94%. Gaming companies exceeded many expectations, especially in 2023, after widespread public offerings, mergers, and acquisitions were introduced globally. The nationwide lockdowns due to COVID-19 pushed the growth of the gaming industry to unprecedented lengths.
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