Smartphone games have the biggest slice of the pie with a 37% market share, followed by console games with 30%. A contraction in the number of console hardware, peripherals, and titles sold worldwide led to adjustments in market projections for 2019 revenue — from $47.9 billion down to $45.3 billion. The gaming industry sees thousands of gaming titles releasing every year and several hundreds of them garner major revenue from sales. The countries are ranked below by the revenue generated from This table features the top 10 games markets ranked on their revenue estimates for 2020 in descending order. These estimates are based on a combination of primary consumer research, transactional data, quarterly company reports, and census data. Today, most of the gaming industry’s revenue comes from the high demand for in-game items, which can be purchased with real money. Pictures taken on October 30, 2019, during the 10th edition of Console and PC Are Still on Track for Healthy Growth. Meanwhile, console gaming will grow +6.8% year on year to $45.2 billion, boasting over 729 million players.Engagement and revenues are set to grow due to the lockdown measures, at least in the short term, but COVID-19 is also having negative effects on console gaming. The top 5 countries in total gaming revenue—China, Germany, Japan, the UK, and the US—combined account for 69.8 percent of total revenue of top 100 countries worldwide. In 2017, China had the highest total gaming revenue, at an estimated $32.54 billion, or about one-third of total game revenue worldwide. Digital games closed out 2020 with $12.0B in December, which was a 15% growth from the prior year and the highest monthly revenue total ever. Mobile earnings were up 5% year-over-year and console earnings grew 16%. PC games revenue, however, jumped 40% largely thanks to the release of Cyberpunk 2077. According to a recent report by Newzoo senior market analyst Tom Wijman, the global gaming market will generate $159.3 billion in revenue in 2020. That would be 9.3 percent year-over-year growth. Console gaming revenue reached $33.3 billion and is followed by PC gaming, with $32.3 billion for 2017. In 2018 those numbers exploded. 10. The gaming industry generated almost $135 billion in 2018. (Source: Game Industry) 10. 9% increase since 2017. Talk about steady growth. With tables and figures helping analyse worldwide Global Esports and Gaming Market Forecast this research provides key statistics on the state of the industry and is a valuable source of guidance
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