Gaming Industry Report

All growth rates are expressed as CAGR

Market size
210B+
’20-’23
9%
’23-’25
X%
Revenue
490B+
’17-’23
20%
’23-’27
X%
VC Funding   
$450M+ in Q3 ‘23
’27
XXB
Number of players 
2.7B
’17-’23
6%
’23-’27
X%
Mobile gaming ARPU    
90 USD
’17-’23
8%
’23-’27
X%
e-Sports audience 
532M
’25
640M
’20-’25
XX%

Gaming industry analysis

The gaming industry has undergone through tremendous growth and evolution in the last years. It is now a major player in the entertainment sector, surpassing traditional forms of entertainment like film and music. This surge in popularity is due to the widespread adoption of gaming platforms, including consoles, PCs, and mobile devices. Further, the rising popularity of esports has added a competitive dynamic to gaming, with professional players, teams, and leagues attracting massive following bases, and streaming becoming a substantial revenue source. With the emergence of new gaming platforms that incorporate virtual reality, the gaming industry is on track for further growth and innovation.

Instant access to hundreds of data points and trends

  • Market estimates from 2017-2027
  • Competitors, market segmentation, financial metrics
  • Incorporates SWOT, Porter’s Five Forces, and risk management
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Video game market revenue worldwide

The Games segment continuously increased over the past years and will reach a new peak in 2027

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Biggest gaming companies

Company
Market Cap ($B) 2023
Revenue ($B) Q2 2023
Profit ($B) 2023
Profit Margin (%) 2023
74.3
2.20
0.58
27%
48.3
2.41
0.77
32%
33.6
1.56 
0.40
26%

Gaming revenue by segment

The revenue is forecast to significantly increase in all segments, especially Mobile Games

ESports revenue by segment

The largest share of eSports market revenue comes from sponsorships and advertising

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Market size 
337B+
’20-’23
13%
’23-’25
7%
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