Gaming industry revenue by 2023 could reach $200 billion

It took the gaming industry half a century to reach a turnover of $100 billion a year. The next line can be conquered much faster. This forecast came from experts from the research firm Digi-Capital.
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Against this forecast, a negative attitude on the part of some investors, which led to the rapid cheapening of the shares of leading gaming companies, as well as the expectation of a decline due to the change of generations of stationary consoles. Nevertheless, Digi-Capital still retains confidence in the positive dynamics thanks to a record amount of investments throughout the 2018th industry - $5.7 billion.

The forecast authors believe that the lion’s share of video game revenue will continue to make mobile titles. Last year they brought in $ 70 billion (according to Digi-Capital estimates) and should reach the indicator of $100 billion in five years.

Computer games will also play an important role. Here, the key factor is the development of "cloud" gaming. Although it may affect other platforms. In general, by 2023, both of the above types of games will have a 75% share of the total industry revenue.

But for the rest of the sectors, Digi-Capital remains cautious and pessimistic. The numbers of consoles should remain at the current level, and VR/AR/eSports, though they have solid prospects but remain “commercially difficult” for large investors.

In terms of geography, the predictions of Digi-Capital also differ little from their colleagues. Asia is expected to account for half of all revenues, followed by Europe and North America, with 20% coming from 25%.

ITrader analysts are more sceptical. And although the gaming industry has long overtaken the film industry for the annual volume of profits, the market is now experiencing a turning point, which is not the best effect on the financial performance of leading companies in the industry. So, the Digi-Capital can be too optimistic about the real picture.


*The information above cannot be considered as an investment advice and past results do not indicate future performance.

**Investors should have experience and understand the risks of losing all the initial investment.
80% of retail investor accounts lose money when trading CFDs with GMOTrading.

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