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Global Video Game Market to Hit $92 Billion in Value This Year

Sourced from Wikimedia. As one of the leading forms of entertainment today, the video games industry continues to generate remarkable profits from its huge player base. According to data gathered by GCN, the global video games market is set to jump over $92 billion value in 2020, growing by 10.9% year-on-year. With $54.6 billion profit or nearly 60% of that amount, mobile games remain the most significant revenue stream of the global video games industry. Video Games Revenue Increased by $15.56 billion in Three Years In 2017, the global video games industry reached $76.5 billion in revenue, revealed Statista Digital Market Outlook. By the end of 2018, this figure rose to $79.2 billion. The increasing trend continued during the last year, with the revenue reaching $83.1 billion. /* custom c...