Videogames are a bigger industry than movies and North American sports combined, thanks to the pandemic Last Updated: Jan. 2, 2021 at 10:27 a.m. ET First Published: Dec. 22, 2020 at 11:36 a.m. ET With video gaming and esports one of the most ready-made transitions for sports fans during the coronavirus-induced shutdown, projections for industry-wide revenue are up. Way up. This timeline presents a forecast of the value of the video game industry in the United States from 2010 to 2020. In 2020, the market size of the video games was estimated to be worth 60.4 billion... How much is the gaming industry worth in 2020? Video game industry revenue is set to reach $159.3 billion at the end of 2020. How much is the gaming industry worldwide? Forecasted Video Gaming Industry Worth In 2022, the video gaming industry is forecasted to generate 196 billion U.S. dollars with a CAGR (compound annual growth rate) of 9.0%. Currently, in 2019, the gaming industry is speculated to be worth $151.9 billion. These figures contain data for all platforms- PC, mobile, console, Mac, and tablet. In 2020, the revenue from the worldwide PC gaming market was estimated at almost 37 billion U.S. dollars, while the mobile gaming market generated an estimated income of over 77 billion U.S.... The industry is worth £3.86bn ($4.85bn) - more than double its value in 2007 - said the Entertainment Retailers Association (ERA). That makes it more lucrative than video and music combined. The video games market could become a $300 billion industry by 2025, with the growth of mobile gaming and innovative offerings, like cloud gaming, according to a new report from GlobalData. In 2018… UK gaming industry to be worth £10bn by 2023 Britain's gaming sector is set to surge following the launch of consoles like the PlayStation 5 and the Xbox One X
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