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Digital Game Revenues
Digital Game Revenues
In 2019, the digital games industry alone generated $ 104,4 billion in revenue, revealed Statista, a company specializing in market data. After the pandemic arrived, revenues rose 23% year-on-year to $ 128,3 billion in 2020.
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All in all the US consumers spent $7 billion on gaming products in November alone, a new record for November, NPD affirms. NPD’s latest report suggests that there was an increase of 35% on gaming hardware, accessories, and content when compared to the previous year’s November. One of the obvious reasons was the launch of both next-gen consoles; PS5 and Xbox Series S/X.
Exciting insights on mobile revenues have revealed that there were more than 130 billion mobile app downloads across Google Play and iOS in 2020 and a staggering 40% is coming from games.
October 2020 was no less than a worldwide gaming fest as consumers spent a whopping $10.6B on digital games. This extraordinary figure is a 14% increase when compared to October 2019.