How big is the PC gaming industry?

The global digital pc games market size will grow from $10.86 billion in 2022 to $12.67 billion in 2023 at a compound annual growth rate (CAGR) of 16.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term.

Is the PC gaming industry growing?

In 2021, the global online PC gaming market was worth 44.6 billion U.S. dollars and is projected to reach 46.7 billion U.S. dollars in 2026. PC gaming growth is projected to slow in the next few years to do consumer uptake of console gaming.

How big is PC gaming market compared to console?

In 2021, total console gaming market sales amounted to 32 billion U.S. dollars, compared to 44.6 billion U.S. dollars generated by the worldwide PC gaming market.

Is PC the biggest gaming platform?

According to the data provided by HowLongToBeat, personal computers are still the most popular gaming platform as of the year 2022.

Is gaming one of the biggest industries in the world?

The video game industry has grown from niche to mainstream. As of July 2018, video games generated US$134.9 billion annually in global sales. In the US, the industry earned about $9.5 billion in 2007, $11.7 billion in 2008, and US$25.1 billion in 2010, according to the ESA annual report.

The Gaming Industry's dirty little Secret explained

How big is the US gaming industry?

As well as being one of the leading gaming market in terms of revenue, the United States is also considered by many as the birthplace of gaming as we know it today. In 2022, the video game market size in the United States was estimated to be 97.67 billion U.S. dollars, setting a new all-time industry record.

Is the gaming industry bigger than music?

According to recent data, the gaming industry is now making more money than the music and movie industries combined. According to a report by SuperData Research, the global gaming market was valued at $159.3 billion in 2020. This includes revenue from console games, PC games, mobile games, and esports.

Who dominates PC gaming?

It's no secret that NVIDIA's GeForce hardware dominates the PC gaming market in terms of overall market share.

Is the PC community bigger than console?

Despite supply chain issues, gamers are slightly more likely to use consoles than to play games via PC. Forty-one percent of gamers said they use consoles, while 37 percent of gamers said they use PCs.

Does PC make more money than console?

That's according to a new Newzoo report which shows that the average revenue per user per PC title is $2.2 which is double that of games on consoles.

What percentage of the gaming market is PC?

9. The PC gaming market could hit $45.5 billion in 2021. PC gaming market share statistics reveal that in 2019, its market share was at 24%, which amounted to $35.3 billion. In 2020, that value is set to rise to $36.9 billion, and is projected to reach $45.5 billion by 2021.

Why buy gaming PC instead of console?

Advantages of PC gaming. PCs have different advantages, including the ability to customize your PC, create hotkeys, sharper and more lifelike visuals, superior accuracy with peripherals, and greater ability to modify games.

Is PC still better than PS5?

For 4K games, the PS5 will most likely lock fps to 30 on most games. If you are using a PC, you can adjust the graphics options to achieve a better framerate. So, gaming PC is the winner in this aspect.

Is PC gaming in decline?

According to the report, there were 1.1 billion PC players and 611 million console players in 2022. The 2.2% decline was mostly due to a 4.2% drop in the console gaming market, as the PC games market increased by 1.8%.

Is PC market shrinking?

Annual Overview: PC Market Collapses After COVID Boom

Worldwide PC shipments totaled 286.2 million units in 2022, a 16.2% decrease from 2021 and the worst annual shipment decline in Gartner's PC tracking history (see Table 3).

What will gaming be like in 2050?

How many gamers play on PC?

That accounts for around 1.61 billion gamers globally. Console gamers (74%) are more likely to subscribe to a gaming service than PC gamers (66%) in the US. Extrapolating the data, 2.29 billion console gamers will likely subscribe to a gaming service. While 2.04 billion PC gamers are likely to do the same.

What is the biggest gaming community?

reddit. Probably the liveliest of all online gaming communities in general, reddit's gaming section is possibly the biggest hub for all things related to games, regardless of platform, launcher or publisher.

What percentage of gamers play on PC vs console?

Apparently there are 1.8 Billion gamers in the world, 62% play PC games, 56% play console games, 35% play smartphone/tablet games, 21% play handheld games (Switch etc).

What percentage of PC gamers are male?

Video gamers in the United States 2021, by gender

In 2021, 41.5 percent of video gamer in the United States were female, with the remaining 58.5 percent of U.S. video gaming audiences were male. Currently, there are approximately 189 million gamers in the United States.

Why is PC gaming so popular?

Gaming PCs provide advanced hardware, customization options, versatility, and often better multiplayer options and support for competitive gaming. These advantages make gaming PCs the preferred choice for many gamers who seek the best performance, graphics, and flexibility in their gaming experience.

What genre of game sells the most?

Our most recent data shows that gamers are locked and loaded when it comes to shooter games. In Q3 2022, shooter was the most played gaming genre, with 57% of consumers saying they played at least one shooter game in the past 12 months.

How rich is the gaming industry?

The key numbers:

After a two-year-long pandemic-fueled boom, the gaming industry returned to Earth in 2022. Last year, the global games market generated $184.4 billion in revenue, declining by 4.3 percent year-over-year, according to Newzoo's 2022 Global Games Market Report.