What is the size of the online gaming market?

The global digital media market has consistently been growing, with gaming accounting for the biggest share of market revenues. In 2020, the global online gaming market generated approximately 21.1 billion U.S. dollars in revenues, which translates to a record 21.9 percent growth compared to the previous year.

What is the market size for video games?

The global video games market size was valued at USD 188.73 billion in 2021. The market is projected to grow from USD 199.74 billion in 2022 to USD 307.19 billion by 2029, exhibiting a CAGR of 6.3% during the forecast period.

What is the market for online gaming?

Revenue in the Online Games segment is projected to reach US$26.14bn in 2023. In the Online Games segment, the number of users is expected to amount to 1.25bn users by 2027.

How big is the gaming market in the US?

Revenue in the Video Games segment is projected to reach US$89.57bn in 2023.

How big is the US online gambling market?

According to American Gaming Association, in 2021, commercial gaming in the United States generated approximately USD 52.99 billion in revenue a nearly 77% increase over 2020, when COVID-19 caused widespread industry shutdowns.

The Gaming Industry | Start Here

Who is dominating the gaming market?

Leading gaming markets worldwide 2022, by revenue

As of 2022, it is estimated that the United States ranks first among the biggest gaming markets worldwide, with a revenue of 54.9 billion U.S. dollars. The video gaming market in China ranked second, generating an approximate 44 billion U.S. dollars in annual revenues.

How much of the US population are gamers?

More than 214 million Americans play video games.

Gaming has always been big in the US and has kept its place as one of the nation's favorite pastimes. Out of 214.4 million gamers, 51.1 million are children, while 163.3 million are adults.

Is gaming one of the biggest industries in the world?

The video game sector is immensely large. In fact, it is larger than the movie and music industries combined, and it is only growing. Though it doesn't get the same attention that the movie and music industry does, there are over two billion gamers across the world. That is 26% of the world's population.

Who is the biggest gaming retailer US?

GameStop is the world's largest video game retailer. With over 4,400 stores located throughout the United States and 15 countries, we are the retail destination for gamers around the world.

What percentage of games are bought online?

In 2020, 70 percent of physical games were purchased online in comparison to 72 percent in 2021.

What is the biggest online game revenue?

Top Grossing Games 2021

PUBG Mobile was the top grossing game in 2021, with $2.01 billion revenue.

How big is the global gaming market in billion?

The global gaming market was valued at US$ 202.7 Billion in 2022.

How big is the gaming market in 2023?

Revenue in the Games segment is projected to reach US$396.20bn in 2023. In global comparison, most revenue will be generated in China (US$110,100.00m in 2023). In the Games segment, the number of users is expected to amount to 4.33bn users by 2027.

Who are the big three in gaming industry?

The 'big three" game publishers are the three which currently make major home consoles: Nintendo, Microsoft, and Sony. Each of these companies holds a disproportionate ability to influence the entire culture given that their machines are what define each generation.

What is the gaming industry bigger than?

The games industry out there is bigger than the movie and music industry combined globally. But in Africa, that's not the case. A news report in 2021 states the African games industry is $580 million.

How many online gamers are there in the US?

US Gaming Devices & Trends

Mobile gaming is the largest segment, with 48.3% of the population (162.9 million people) playing games on their smartphones in 2022.

Which US state has the most gamers?

The results were clear: Maryland tops the list as the most gaming-obsessed state! Maryland scored highest on all six factors, with a diverse population, plenty of gaming conventions and social networking groups, fast internet speeds, high computer ownership rates and great 5G coverage across the entire state.

Which US city has the most gamers?

1. Seattle, WA. Seattle takes the cake as the number 1 video game city in the United States, which is most likely not too surprising. With the presence of big tech all across the west coast and a company called Microsoft, Seattle comes in at number 1 as far as gamer and development opportunities are concerned.

Who is the richest person in gaming industry?

PewDewPie is the world's wealthiest gamer. He has a net worth of $55 million and is the most popular YouTuber, with over 108 million subscribers.

What is the gambling capital of US?

1: Las Vegas, Nevada

Nicknamed Sin City and considered the Entertainment Capital of the World, Las Vegas is notorious for its lavish casinos and having the most AAA Five Diamond hotels out of any city on the planet.

How many people gamble online usa?

In the US the numbers are quite different, in 2016 only 3% out of the 4.2 billion who said they gamble regularly said they played online. This number must have gone up in the following years however, as the revenue in 2018 landed on $306.5 billion for the US online gambling market.