On October 20, CNBC reported that publicly listed players in the video gaming market experienced a favorable year. Chinese developers have also attracted gamers thereby contributing to the region’s market growth. Video games have been increasingly popular in countries such as China, Japan and South Korea. The region accounted for more than 48% of the total revenue of the global market in 2022. Region wise, Asia Pacific is the most dominant region in the video game industry. The market is expected to grow to $583.69 billion by 2030, at a compound annual growth rate of 13.4% from 2023 to 2030. The Global Video Game Industry at a GlanceĪccording to a report by Grand View Research, the global video game industry was valued at $217.06 billion in 2022.
If you wish to skip our detailed analysis, you can move directly to the 5 Most Valuable Video Game Companies in the World. In this article, we will be analyzing the global video game industry, some of the emerging industry trends and the 20 most valuable video game companies in the world.
