The Gaming Industry of 2019 and Into the Future

 

2019 was a big year for the video game industry, as it grew to $120.1 billion, up 4% from $115.5 billion in 2018. The overall total revenue generated throughout 2019 can be broken down as follows:

Type

Total Contributed Revenue

Mobile

$64.4 billion

PC

$29.6 billion

Console

$15.4 billion

Gaming-Related Videos

$6.5 billion

XR (Virtual Reality)

$6.3 billion

TOTAL

$120.1 billion

 

 

It may be surprising to note that Mobile games took an incredible lead over its competitors, with PC coming in second at an approximately $35 billion deficit. This is most likely due to the popularity of the mobile platform in countries such as China, where over half of the population has reported to playing mobile games daily. 

 

Epic Games' Fortnite contributed a whopping $1.8 billion to the total amount all by itself, topping the charts of every other game on all 3 platforms (Mobile, PC, Console).

Riot Games' League of Legends followed close behind, generating an impressive $1.5 billion, even though it is only available on PC.

Combined, the 2 games made $3.3 billion, a decent chunk of the total $20.6 billion made cumulatively by all free-to-play PC games throughout the year. 

 

The growth of the gaming industry this year is a little surprising considering the lack of "big releases" like 2018's Red Dead Redemption 2 and the launch of Fortnite. But it seems that the longevity of these (and other) games still contributes heavily to the grand totals, enough to see continued growth in the industry.

All signs point to the continuation in this upward trend for gaming, as SuperData predicts that digital games and interactive media revenue is on track to grow 4% to $124.8 billion in 2020. Many big releases have been announced for 2020, including Cyberpunk 2077, The Last of Us Part II, Animal Crossing: New Horizons, and Halo: Infinite to name a few. 

What was your favorite game to play in 2019? And what game are you looking forward to playing the most in 2020? Comment and let us know down below! 

2 comments

  • PC master Race

    joe b
  • Love this

    Ivan Polanco

Leave a comment