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2020 saw the global games market increase 23.1% year over year, the highest growth rate in more than a decade.
2021,¹ when global revenue for the industry exceeded $193 billion (see Figure 1). In addition, from 2016 to 2021, gaming grew at a compound annual growth rate of 15.6%.² The video gaming industry also saw a considerable boost in 2020 and 2021 due to the COVID-19 pandemic, which
The global gaming market size was worth 202.64 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.2% from 2022 to 2030. Innovation and technological proliferation in both software and hardware are key factors fueling the market growth
Nov 23, 2020 · Early prototypes of video games were developed in labs in the 1960s, but it was Atari’s release of Pong in 1972 that helped to kickstart the industry. The arcade table-tennis game was a sensation, drawing in consumers eager to play and companies that started to produce their own knock-off versions.
The United States Gaming Market is expected to reach USD 57.91 billion in 2024 and grow at a CAGR of 9.41% to reach USD 90.79 billion by 2029. Activision Blizzard, Inc., Electronic Arts Inc. , Take-Two Interactive Software Inc. , Zynga Inc. and Microsoft Corporation are the major companies operating in this market.
Aug 3, 2024 · The value of the video game industry in the US was $60.4 billion in 2020, with an average growth rate of 14.7% from 2015 to 2020. How many gamers are there worldwide? As of 2020, there are approximately 2.7 billion gamers globally, making up 26% of the world’s population.
Dec 18, 2023 · Premium Statistic Video game market revenue growth in the U .S. 2020-2029, by segment ... Monthly revenue of the U.S. video game industry 2017 ... Subscription rate for leading gaming ...
