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- The Video Games market in Europe is projected to achieve a revenue of US$35.85bn by 2024. This indicates an annual growth rate (CAGR 2024-2027) of 9.53%, resulting in a projected market volume of US$47.11bn by 2027. Additionally, the number of users in the Video Games market is expected to reach 151.4m users by 2027.
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In 2021, despite the still ongoing COVID pandemic, the EU reached 5,500 game developer studios and publishers, employing more than 85,000 people and boasted a combined turnover of €18.3 billion. The revenue is still driven by France and Germany closely followed by Finland and Sweden.
The video game industry employed approximately 98 000 people in Europe in 2020, of which an estimated 22 % were women. This percentage of women is higher than that in other ICT industries (17 %). In 2020, there were approximately 4 600 game developer studios and 170 game publishers in Europe.
Aug 24, 2023 · The number of women in the workforce increased 7.4% since our last report. Revenue has increased by 5% to 24.5 bn Euros. This year, PEGI turned 20. Video Games Europe Chair Olaf Coenen said: “The video games industry continues to be one of Europe's largest and fastest-growing creative sectors.
The Video Games market in Europe is projected to achieve a revenue of US$35.85bn by 2024. This indicates an annual growth rate (CAGR 2024-2027) of 9.53%, resulting in a projected market...
Sep 5, 2023 · Europe has become a fast-growing market for gaming in terms of revenue and viewership. As of 2021, there were approximately 46.7 million gamers in the United Kingdom alone, with mobile phones being the most popular devices to game on among UK gaming audiences.
Mar 16, 2024 · Key facts on the European Game Market. EUR 18.3 billion in Europe (2021). EU was the third-largest global game market in 2021. European game market size is substantially more than the combined global turnover of the European game industry. Two Europe-based corporate groups (Ubisoft and Embracer Group) among the 25 biggest game industry ...
Sep 20, 2023 · The European gaming industry raked in an astounding $24.5 billion in 2022, marking a remarkable 5% increase from the previous year. This significant growth defied economic uncertainties and underscored the industry's undeniable vitality.
