GITNUX MARKETDATA REPORT 2024

Video Game Industry Statistics

The video game industry continues to grow rapidly, with revenues exceeding $159 billion in 2020 and projected to reach over $200 billion by 2023.

Statistic 1

"In 2020, 38% of the global video game market revenue was generated from console games."

Sources Icon

Statistic 2

"The United States has the most significant video game industry revenue with $36.9 billion."

Sources Icon

Statistic 3

"Mobile games accounted for 46% of the global video gaming industry in 2017."

Sources Icon

Statistic 4

"There were about 2.8 billion video gamers in the world in 2020."

Sources Icon

Statistic 5

"67% of US gamers play on mobile devices."

Sources Icon

Statistic 6

"Video game sales in the USA peaked at $43.4 billion in 2018."

Sources Icon

Statistic 7

"The average age of a video game player in the U.S. is 35-44 years."

Sources Icon

Statistic 8

"70% of parents believe video games have a positive influence on their children's lives."

Sources Icon

Statistic 9

"54% of frequent gamers feel their hobby helps them connect with friends."

Sources Icon

Statistic 10

"21% of gamers in the U.S. spend money on in-game purchases."

Sources Icon

Statistic 11

"The digital gaming industry is predicted to generate around $196 billion by 2022."

Sources Icon

Statistic 12

"In 2020, China was the largest online gaming market, with revenue close to $41 billion."

Sources Icon

Statistic 13

"Video game streaming site Twitch had over 3 million broadcasters as of 2020."

Sources Icon

Statistic 14

"Augmented Reality (AR) and Virtual Reality (VR) gaming market was worth $13 billion in 2019."

Sources Icon

Statistic 15

"The global gaming market could grow at a CAGR of 12% during the forecast period 2021-2025."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!