Market Status
Last updated
Last updated
Game Industry
With the explosive growth of computer hardware equipment and graphics processing performance, the scale of development of each game has repeatedly hit new highs, and at the same time it has driven huge market value. According to the latest report "Global Games Market Report" released by Newzoo, a Dutch company provides games and esports analytics, the global game market will generate $175.8 billion U.S. dollars in revenue in 2021, and by the end of 2021, there will be 2.9 billion players worldwide. As shown in the following picture, Newzoo also predicts that the game market will grow at a compound annual growth rate of 7.2% from 2019 to 2023 to 204.6 billion U.S. dollars.