The State of the Video Gaming Industry in 2021

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'Level Up,' the new special report from VIP, digs into the video gaming space, a thriving global industry that powered through the pandemic and will soon be worth more than $200 billion

“Level Up,” the new 21-page special report from Variety Intelligence Platform, examines the bustle of the gaming industry, especially within the context of a year as globally stark and significant as 2020, as well as its developing branches into the future.

While the COVID-19 pandemic’s impact on the world was astonishing on many facets, the still ongoing ramifications here in Hollywood created opportunities for gaming to swoop in and offer a mix of resolutions and possibilities for several sectors to stay relevant throughout a series of shutdowns across many countries.

Some game titles doubling as enormous online platforms, such as “Fortnite,” found themselves hosting virtual concerts and film festivals, while notable athletes found themselves taking up game controllers to access theBut within its own sector, video gaming took off like never before, with hardware sales spiking for months during the pandemic’s onset in the U.S. and new consoles from Sony and Microsoft outselling their prior versions in Q4.

 

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Punctuation! 'Level Up,' -- incorrect 'Level Up', -- correct

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