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10 Things to Know About Video Game Industry Statistics

Video games are one of the most popular forms of entertainment on the planet. More people than ever are playing video games, and the industry is only continuing to grow. If you’re thinking of joining the video game industry, or just want to be better informed about it, read on for some knowledge bombs about the industry. This article will teach you about some important statistics, dispel some common myths, and more.

Global Video Game Industry Revenues Hit $137.4 Billion in 2018

The global video game industry revenues hit $137.4 billion in 2018, an increase of 7% from the previous year. This makes it the fifth consecutive year that the gaming industry has managed to grow by at least 7%.

The main drivers of this growth were the mobile and PC gaming sectors, which together accounted for two-thirds of total revenue. The console gaming sector also benefited from increased hardware sales andplatform fees.

However, there were indications that the growth may be slowing down in 2019. So far, global video game industry revenues are up by only 2% compared to 2018. In response to this slowdown, several large video game publishers have announced plans to reduce their workforce numbers or stop producing new games altogether.

The Top Ten Highest-Paid Video Game Developers in 2018

1. Capcom – The Japanese gaming giant took the top spot on this year’s list, earning an estimated $1.24 billion in revenue. This is up from last year’s $926 million total.

2. Sony – The company placed second on the list with an estimated revenue of $1.22 billion. This is up from 2017’s $963 million total.

3. Nintendo – The Japanese gaming powerhouse came in third with an estimated income of $870 million. This is up from last year’s figure of $764 million.

4. Take-Two Interactive – The Rockstar Games developer brought in an estimated $740 million in revenue this year, which puts it fourth on the list.

5. Activision Blizzard -EA’s former subsidiary placed fifth on the list with an estimated income of $715 million this year. This is down from 2017’s figure of $771 million, but still a respectable sum nonetheless!

6. Bethesda Softworks -The well-known developer pulled in an estimated income of $580 million this year, putting it sixth on the list. This is down slightly from 2017’s figure of $601 million but still a good number nonetheless! 7 Microsoft Studios -With just over half a billion dollars earned, Microsoft Studios was seventh on this year’s list and eighth overall since beginning tracking data in 2002! While its revenue isn’t as high as some other studios on the list, it

The Most Popular Video Games of 2018

The video game industry is a massive one, with billions of dollars being made each year. Here are the most popular games of 2018.

Red Dead Redemption 2: Released in October, RDR2 was an instant hit and continues to be one of the most popular games of 2018. The game is set in the era of the Wild West, and players can play as either John Marston or Arthur Morgan.

Call Of Duty: Black Ops 4: Released in November, BO4 is the latest installment in the enormously popular Call Of Duty franchise. The game has received praise for its innovative Zombies mode and its multiplayer component.

Super Mario Odyssey: Released in October, Odyssey was met with widespread acclaim and is currently one of the hottest video games on the market. The game stars Mario as he sets out to rescue Princess Peach from Bowser’s castle.

The Witcher 3: Wild Hunt: Released in 2015, Witcher 3 remains one of the most popular video games ever released. The game stars Geralt as he sets out to solve puzzles and fight monsters in a world that is both charming and dark.

Women are Driving the Video Game Industry Forward

Women are driving the video game industry forward. In fact, according to the Entertainment Software Association (ESA), women account for more than half of all gamers, and they are responsible for spending an estimated $33 billion annually on video games. This is likely due to the increasing popularity of video games among women and girls.

The gaming industry has come a long way since its humble beginnings back in the 1970s. At that time, there were only a handful of arcade games available, and most people who played them were men. However, over the past few decades, the gaming industry has become more diverse and inclusive. Today, there are numerous different types of video games available for both adults and children, and women represent a significant portion of the player base.

This diversity is especially evident in the area of female characters. Today, video game developers routinely include strong female protagonists in their titles. Some of the most famous examples include Lara Croft from Tomb Raider series, Samus Aran from Metroid series, and Jade from Street Fighter series. These characters not only offer compelling stories arc but also demonstrate that women can be powerful gamers as well as successful professionals.

Further evidence of the growing importance of women in the video game industry can be found in two recent studies conducted by market research firms Statista and The NPD Group. The Statista study found that 52 percentof gamers are female, while The NPD Group study found that 58 percentof console gamers are female compared to 42

State of the Industry: 10 Predictions for the Future of the Video Game Industry

The video game industry is worth over $137 billion and employs more than 1.5 million people worldwide. The following are 10 predictions for the future of the video game industry:

1) Video games will continue to grow in popularity. There has been a significant increase in the number of people playing video games, especially among children and millennials. This trend is expected to continue as more people become familiar with gaming and discover its many benefits.

2) The market for mobile gaming will continue to grow exponentially. Games designed for mobile devices have become increasingly sophisticated, which is why this sector is forecast to grow even further in the coming years.

3) More AAA (high-budget) video games will be released on traditional platforms such as PC, consoles, and portable devices. As competition between companies intensifies, developers are likely to produce even better products in order to stand out from the crowd.

4) Innovative gaming technologies such as virtual reality (VR) and augmented reality (AR) will gain widespread acceptance. These technologies offer an exciting new way of experiencing video games, and their popularity is only going to increase in the future.

5) Industry consolidation will occur as larger companies vying for a greater share of the market consolidate their operations. This process is already happening, with some major players acquiring smaller rivals or going public in order to gain additional resources needed for continued growth.

6) A growing number of female gamers will make up a sizeable proportion of

The Video Game Industry is Expanding Quickly

The video game industry is expanding quickly and there are many different types of video games being created. In 2013, the video game industry was worth an estimated $30 billion. This figure is expected to grow to $75 billion by 2020. Some of the key reasons for this growth include:

-More people are playing video games. In 2013, there were 121 million gamers worldwide, up from 106 million in 2011.
-There are more mobile gaming platforms available. In 2013, there were 2 billion active mobile devices worldwide and the number is projected to grow to 3 billion by 2020.
-People are spending more money on video games. In 2013, the average person spent $53 on video games compared to $39 in 2010.

Gaming is Becoming More Social

Video game industry statistics continue to show growth. In 2016, the global video game market was estimated to be worth $123 billion. This is an increase from $108 billion in 2015. There are a number of factors contributing to this growth including the popularity of mobile gaming, as well as the continued rise in eSports viewership.

In terms of platforms, mobile gaming continues to be the largest segment of the video game market with an estimated 77% share in 2016.

Another factor contributing to the video game industry’s growth is eSports viewership. In 2016, there were reportedly 134 million viewers globally who watched eSports competitions including League of Legends, Dota 2 and Counter-Strike: Global Offensive. This represents a 92% increase from 2015 when there were 79 million viewers. As eSports becomes more popular, developers are beginning to create dedicated leagues for their games that can attract large audiences.

Mobile Gaming is on the Rise

Mobile gaming is on the rise, with more people playing games on their phones and tablets than ever before. In fact, according to market research firm New zoo, mobile gaming will generate $27.4 billion in revenue by 2020.  Meanwhile, tablet ownership is waning as users shift their attention to smartphones and other handheld devices.

This growth has already had a significant impact on the video game industry. In 2014, mobile gaming generated more revenue than console gaming for the first time ever. And it’s not just mobile games that are seeing success; casino-style games also saw a huge increase in popularity last year. These types of games offer an engaging experience that can be addictive, which is why they’re so popular on mobiles and tablets.

There are a few things that you need to keep in mind if you want to make a successful mobile game: user interface design, game mechanics, monetization strategies, and distribution channels. User interface design is critical because it needs to be easy to use and navigate.  Monetization strategies can include charging players for extra content (such as additional levels or items),charging for premium features (such as

ESports is on the Rise

The video game industry is on the rise and it’s not just because of the popularity of gaming consoles like the PlayStation 4 and Xbox One. There are many different ways to enjoy video games, including playing them on desktop or laptop computers, mobile devices, or even in virtual reality. In fact, according to market research firm Newzoo, global revenue from video game sales was $69.4 billion in 2017, which is up 17% from 2016.

What’s driving this growth? There are a number of reasons. First, people are spending more time engaged with digital content and apps. Second, new platforms like Nintendo Switch and the Oculus Rift offer gamers a wide range of options for how they can experience games. Third, big names in the gaming industry are investing more money into development efforts so that their products continue to be innovative and entertaining.

There are also positive trends happening within the video game industry that you may not have heard about yet. For example, esports (or competitive gaming) is growing rapidly thanks to its ability to engage audiences on a global scale. More than 150 million people tuned in to watch the final match of the FIFA World Cup 2018 using live streaming services like Twitch TV! And that’s just one example – there are countless other examples of how esports is changing the way people enjoy video games.

So what does this mean for you?

The Future of Video Games looks Bright

According to the NPD Group, U.S. video game hardware spending in 2016 was $23.4 billion, an increase of 6% from 2015 and the highest total since 2006. The market for console games is still far ahead of that for PC games, but there is no denying the growth of mobile gaming as a whole.

In terms of software sales, 2017 was another strong year for video games with global revenue reaching $32 billion. Again, this number shows growth across all platforms, with mobile leading the way with 59% of the total revenue.

Conclusion

In this article, we will be discussing 10 things to know about video game industry statistics.

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