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non gaming revenue examplesGame Industry Usage and Revenue Statistics 2024

Are you looking forward to starting a gaming business? It would be a great idea because the game industry is one of the top emerging industries with a compounded annual growth rate (CAGR) of 13.20%, that’s huge!The reason behind this growth is the inclination of youth toward gaming. As per research, 91% of Gen Z males and 84% of millennials play video games regularly. Additionally, mobile users are increasingly inclined towards gaming to spike demand.In this post, we have put together the latest facts and trends in the gaming industry.Stay tuned!Contents in this post are as follows:Key Gaming Industry Statistics 2024Gaming Industry Revenue 2024Gaming Industry Usage 2024Gaming Industry Worth 2024Gaming Industry Since the 1970sGaming Industry vs Entertainment IndustryIn non gaming revenue examples 2023, gaming industry revenue is projected at $365.6 billion globally.The video game industry worth is estimated at $214.2 billion.Video game content revenue amounted to $47.48 billion in 2022, a 6.6% decrease from $50.83 billion of revenue in 2021.Speaking of revenue by countries, China generated the most gaming revenue accounting for $45.8 billion in 2022.The gender ratio of gamers in the US is fairly equal with 48% women and 52% men approximately.The gaming industry generates more revenue than filmed entertainment and music industry combined.The global gaming industry growth is projected from $229.16 billion in 2021 to $545.98 billion in 2028 at a CAGR of 13.20%.China generated the most revenue in the gaming industry accounting for $45.8 billion in 2022, followed by the USA with $45 billion and Japan with $20 billion in revenue in 2022.Related: Beauty Industry Revenue and Usage StatisticsThe gaming industry is projected to generate a revenue of $365.6 billion in 2023. Most revenue will come from China at 105.9 billion in 2023.Furthermore, the gaming industry’s average revenue per user (ARPU) is projected to stand at $137.80 in 2023.Mobile games generated the most revenue for the global gaming industry at $92.2 billion in 2022. Console games also generated a significant amount – $51.8 billion of revenue. Downloaded PC games and browser PC games generated $38.2 ……

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