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Gaming industry worth US$300 billion after pandemic surge: study

  WASHINGTON, UNITED STATES The value of the gaming industry has topped US$300 billion following a pandemic-fueled surge, with some 2.7 billion players worldwide, a research report said Thursday. The Accenture report said the gaming sector is worth more than the combined markets for movies and music, driven by gains in mobile gaming and an emphasis on making connections during a time of pandemic social distancing. The emergence of new gaming platforms and changing demographics are pushing gaming businesses away from being product-centric to becoming experience-oriented platforms, said Seth Schuler, managing director at Accenture s software and platforms industry group. The study found the gaming industry has increased by half a billion players in the past three years, and predicts more than 400 million new gamers are expected by the end of 2023.

Global Gaming Industry Value Now Exceeds $300 Billion, New Accenture Report Finds – Consumer Electronics Net

8 hours ago Industry added 500 million new and more diverse gamers over the past three years, fueled by mobile gaming adoption and desire for social experiences NEW YORK–(BUSINESS WIRE)–In a new report, Accenture (NYSE: ACN) estimates that the full value of the gaming industry now exceeds $300 billion, more than the combined markets for movies and music, driven by a surge in mobile gaming and an emphasis on social interaction during the COVID-19 pandemic. Accenture’s new report “Gaming: the new superplatform” analyzes data from 4,000 gamers across four of the largest gaming markets China, Japan, the United Kingdom and the United States to understand gamers’ needs and the drivers behind the industry’s massive growth.

Gaming industry worth $300 bn after pandemic surge: study

Gaming industry worth $300 bn after pandemic surge: study
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