Video Games Industry

The video game industry has experienced significant growth in recent years. According to the NewZoo Global Games Market Report 2021, almost 3 billion people played video games last year which shows a 36.4% increase in the last five years.

The COVID-19 pandemic's impact on the global supply chain affected the gaming industry as well, causing delays in game releases. Despite this negative impact, the industry brought in almost $176 billion in revenue in 2021, with the Asia-Pacific players accounting for 50% of the amount according to Games for Google.

Looking ahead, the gaming market will recover, continuing its growth and reaching $218.7 billion by 2024 according to NewZoo Global Games Market Report 2021.