Monday, May 26, 2014

Video Game Market To Reach $111 Billion By 2015


 Well it looks like alot of us has been making investments in the wrong fields. After looking over some numbers in regards to the future of video gaming I was blown away by the amount of money generated by the video game industry. After studying some stock market trends going back to 2013 and ending in 2015 some truly amazing figures surfaced.
 We all know that mobile games are fast becoming the new way to game but did you realize that mobile games are the fastest-growing segment of the market, with revenue set to double between 2013 and 2015 from $13.2 billion to $22 billion?

Graph : Video Game Market Revenue, 2012-2015
  1. Segment                                      2012          2013          2014          2015
  2. Video Game Console               37,400      44,288        49,375       55,049
  3. Handheld Video Games           17,755      18,065        15,079       12,399
  4. Mobile Games                           9,280       13,208        17,146       22,009
  5. PC Games                                14,437       17,722        20,015       21,601
  6. Total Video Game Market       78,872       93,282      101,615     111,057  
Source : Gartner (October 2013)

In other words besides the temporary reduction in game console hardware sales during 2013 growth will resume again in 2014 with the sales of next generation gaming hardware from $15.9 billion to $22.7 billion in 2015. In other words ..... gaming is going to do great going into 2015 and investments in these fields should seriously be studied.
   


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