How Much Is The Online Gaming Industry Worth?

2nd April, 2019 by

It probably won’t surprise you to hear that online gaming is a money-making industry. According to GamesIndustry.biz, a $134.9 billion industry to be exact, which is 10.9% higher than last year. It’s safe to say that online gaming is a worthwhile investment.

Some of the biggest 2018 online gaming statistics, however, may surprise you. For example, did you know that there are more than 2.5 billion video gamers around the world?

How about that the Asia Pacific is the largest gaming market with $71.4 billion spent in 2018? PlayStation 4 accounted for the most spent on a console, representing 44% of the spending. However, 53% of developers actually worked on PC game development.

GameIndustry.biz states that “Mobile accounts for the bulk of the industry’s revenue — 47% of it, in fact, at $63.2 billion (up 12.8% year-on-year). Smartphones led the way here with revenues of $50 billion (up 14.2%), while tablets accounted for $11.4bn (up 7.8%).” Suffice to say, 2018 was a good year to be a gamer.

See our infographic below for more on exactly how profitable online gaming was in 2018. It would appear that we can definitely look forward to an exciting 2019.