Gaming industry worth US$300 bil after pandemic-fuelled surge

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Research shows the sector's value is more than the combined markets for movies and music. FMTNews GamingIndustry

Over 400 million new players are expected to join the gaming industry by the end of 2023.

The Accenture report said the gaming sector is worth more than the combined markets for movies and music, driven by gains in mobile gaming and an emphasis on making connections during a time of pandemic social distancing. The study found the gaming industry has increased by half a billion players in the past three years, and predicts more than 400 million new gamers are expected by the end of 2023.

That contrasts with longtime gamers who were 61% male, and more than three-fourths white and over 25.

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Gaming industry worth US$300bil after pandemic surge: studyThe value of the gaming industry has topped US$300bil (RM1.23 trillion) following a pandemic-fuelled surge, with some 2.7 billion players worldwide, a research report said on April 29.
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