What is the size of the gaming market?

What is the size of the gaming market?

Video games industry market size in the U.S. 2010-2021 In 2021, the video game market size in the United States is projected to surpass 65.49 billion U.S. dollars, down from the all-time industry high in 2020 with 66.88 billion U.S. dollars.

How much is the gaming industry worth 2020?

Global Mobile Gaming Market Report 202: Worth $98 Billion in 2020, the Mobile Gaming Market is Forecast to Grow to $272 Billion by 2030 – ResearchAndMarkets.com.

How many gamers are on social media?

With over 2.5 billion gamers in the world, you can bet a large majority of them are on social media. Which platforms do gamers gravitate towards?

What is the gaming market worth?

The global gaming market size is expected to gain momentum by reaching USD 545.98 billion by 2028 while exhibiting a CAGR of 13.20% between 2021 and 2028. In its report titled “Gaming Market Size, Share & Forecast 2021-2028”, Fortune Business Insights mentions that the market stood at USD 203.12 billion in 2020.

Is gaming the biggest industry in the world?

Video gaming is a very lucrative and popular industry around the world, with a global revenue of $154.6 billion expected in 2021. China has the biggest market in this industry with an estimated 2021 turnover of $49.3 billion. Globally, mobile games make up a vast 70% of overall video game revenue.

Is the PC gaming market growing?

As a result, IDC projects that gaming PC shipments will increase from 41.3 million in 2020 to 52.3 million in 2025. …

Is the gaming industry bigger than sports?

In 2020, the global gaming industry was set at 180 billion dollars — with almost a twenty percent increase in revenue. But what is even more surprising is the fact that the industry had more revenue than sports and even movies worldwide. It would be unfair to say that video games became popular in 2020.

How do you market a game on social media?

Mobile Game Marketing: How to Promote Your Game on Social Media?

1. Define Your Target Audience.
2. Know the Difference Between Social Media Platforms.
3. Create Attention-Grabbing Content for Social Media.
4. Use Paid Ads on Social Media.
5. Find Influencers to Promote Your Game on Social Media.
6. Create a Community Around Your Game.

What is the biggest social media platform?

Facebook
What is the most popular social media platform worldwide? Market leader Facebook was the first social network to surpass one billion registered accounts and currently sits at more than 2.85 billion monthly active users.

How big is the gaming industry in 2021?

$180.1 billion
The gaming craze is huge. The video game industry revenue is forecast to reach $180.1 billion in 2021. It marked a 10.7% growth between 2016 and 2017 and then 10.9% between 2017 and 2018. Casual and hyper-casual games rule the mobile gaming world.

Where is the largest gaming market?

China
China has the biggest market in this industry with an estimated 2021 turnover of $49.3 billion. Globally, mobile games make up a vast 70% of overall video game revenue.

Is gaming industry profitable?

Over half a million daily active gamers spending 30- 45 minutes on gaming platforms. According to a KPMG report, India is already the largest emerging market when it comes to gaming app downloads. Gaming industry is expected to witness a rise in revenue $1.1 billion by 20214.