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There’s a light at the end of the tunnel - the release of Sony's PlayStation 5 and Microsoft's next-gen console last year can turn the trend around. However, facts about video games show that 2020 is going to be quite challenging for the console gaming market. The console gaming market has enjoyed a memorable time since 2015. In 2020, the console gaming market experienced its slowest growth rate since 2015. The United States followed closely behind, ranking second with 36.92 billion U.S dollars in annual revenues. China is the country with the largest video games market globally.Īccording to gaming industry statistics for 2022, China ranked first among the biggest gaming markets in the world.Īs of the end of the year, it had generated a revenue of 40.8 billion U.S dollars. This is twice that of the North American gaming market. Reports further show that about $72.2 billion was generated by the Asian game market alone in 2019. Asia-Pacific lays claim to the largest revenue from gaming worldwide.Īccording to gaming industry stats, the Asia-Pacific gaming revenue is estimated to amount to over $174 billion by 2021. Companies like Bigscreen VR and AltspaceVR (two of the big shots in the industry) are fast progressing into the future of virtual games, faster than many expect. Players spent $4.5 billion on immersive games in 2020.Īccording to gaming industry statistics for 2021, immersive gaming, also known as VR gaming, is about 20 times more interesting than traditional games. Reports show that the video game industry revenue was $78.61 billion in 2017 and over $90 billion in 2020.Īccording to stats on the video game industry revenue by year, the market is forecast to grow at a rate of 2.29% annually from 2020 to 2024. The video games market will have sales a volume of $100.56 billion by 2024. Gaming industry stats show that the industry is forecast to grow at a rate of 9.17% from 2020 to 2025. The global gaming market is forecast to worth $256.97 billion by 2025.īack in 2019, this figure was around $151.55 billion. To keep you up to date about the recent happenings in the industry, we have compiled some of the best statistics on the video game industry revenue for 2022. Let's check out the latest data! How Much Is the Gaming Industry Worth 2022 Statistics Those are some impressive numbers, right?
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