Report: Gaming revenue to top $159B in 2020 Reuters

gaming revenue globally

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Mobile gaming revenues grew the most, with $50.4 billion. Esports have also made their mark in the video game market, and their revenue is expected to hit $2.5 billion by 2020. Console gaming revenue reached $33.3 billion and is followed by PC gaming, with $32.3 billion for 2017. In 2018 those numbers exploded. This statistic shows the global eSports market revenue from 2018 to 2023. In 2020, the global eSports market was valued at just over 950 million U.S. dollars. Global videogame revenue is expected to surge 20% to $179.7 billion in 2020, according to IDC data, making the videogame industry a bigger moneymaker than the global movie and sports industries... Globally, owing to the leading 25 public companies (based on game revenue) the industry gained 61.6 billion U.S. dollars that year. The dollar results are a reflection of an evolving gaming market. We forecast that 2020’s global games market will generate revenues of $159.3 billion, a healthy year-on-year growth of +9.3%. In this article, we’ll explore the 2020 revenues for mobile, PC, and console gaming. We also provide our outlook for the overall games market, diving into our revenue estimates towards 2023. According to Wijman, mobile gaming will account for $77.2 billion in revenue in 2020, an increase of 13.3 percent from 2019. Of the 2.7 billion total gamers projected to play in 2020, 2.6 billion... Mobile is the largest gaming platform, producing $68.5 billion in revenue in 2019—45% of the total market that also includes PC and tablet gaming. Although still a relatively new segment of the industry, mobile gaming has developed at an astonishing rate, with 2.4 billion people playing games on mobile in 2019. Part of mobile’s breakneck growth can be attributed to an innovative and seamless user experience which relies on engaging features such as in-app purchases and loyalty rewards. The figure will rise to 2.6 billion in 2020 based on a 5.22% year-on-year growth forecast. The global games market had $148.8 billion in revenues for 2019, 48% of which came from the Asia Pacific market. Source: Newzoo; Statista. Gamers are not the minority TV and film paint them out to be. Much of the record gaming revenue was backed by the unprecedented sales of the Xbox series X and series S last year. The gaming consoles went on sale on November 10 globally amid the most successful launch in the history of Xbox, “with the most devices ever sold in a launch month," Nadella confirmed. Xbox hardware registered a revenue growth of 86 percent, thanks to the new console launch ... The MarketWatch News Department was not involved in the creation of this content. Jan 13, 2021 (The Expresswire) -- Global Esports and Gaming Market Research Report focuses on market size, status ...

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#GameBasics #Vol1Welcome to our very first video #GameBuz How big is gaming industry?PC Console Mobile - Revenue per segmentGlobal Game Market? Per Region wi... Star Wars: The Final Battle (Currently In Filming) Release Date: February 1st 2021!!! WELCOME to TheRoughRanger Channel on YouTube!!! STUFF I DO: -VLOGS -FIRE DANGER VIDEOS -FILMS -TODAY'S ONGOING ... This video shows the Top 10 public companies by game revenue worldwide from 2012 to 2018. Many game giants from the United States, Japan, China, and South Ko... Arknights Revenue Updates: (revenue back to normal)The overall revenue in China(IOS only) up to 30th, June reached $67.7m and downloads (IOS only) are over... What are some of the biggest brands and corporations that influences our every day lives? How valuable, rich & successful are they, how much are these corpo... According to Newzoo’s latest global games market forecast, the roughly 2.3 billion gamers around the world will spend a record $137.9 billion on computer, vi... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Welcome to the official Android Developers YouTube channel. Get the latest Android news, best practices, live videos, demonstrations, tutorials, and more. Su... G-Loot is a global esports platform for PC. Compete for prize money in new challenges every day in some of the biggest games available.Sign up here: https://...

gaming revenue globally

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