Gaming Revenues To Surpass $150M In 2017
New data from Digi-Capital claims that the video game software and hardware industries generated a record-breaking combined total of over $150 million in revenue in 2017.
Digi-Capital’s latest report suggests that the category, should it continue to grow as expected, could top $200 billion by 2021
It’s an impressive feat, and once that’s corresponded to an all-time high for investment in the sector of $2.8 billion in 2017.
As with most reports on the industry, they highlight the continued growth of the mobile gaming sector.
Digi-Capital say that sector will surpass $50 million in revenues this year, and grow towards an estimated $80 million by 2021.
The firm also noted the increased prominence of Asian markets in the industry’s growth.
They say that $4 out of every $10 spent on video games this year came will be spent in China, Japan, and South Korea, accounting for just under half of global industry revenue.
The reports comes just as industry analyst DFC Intelligence issued their own assessment that saw mobile games revenue exceeded PC and console revenue for the first time ever.