Games Industry Could Be Worth $300 Billion In 4 Years, Report Suggests
The report from PwC suggests that the video game industry is poised for significant growth in the coming years, despite the economic challenges faced by the broader entertainment industry. The gaming industry, which generated $224 billion in revenue in 2024, is expected to grow to nearly $300 billion by 2029. This growth is attributed to the industry's resilience to economic pressures, in contrast with other forms of digital entertainment, such as streaming media, which have seen reduced consumer spending. Additionally, the report indicates that the gaming industry is an "industry bright spot" during these uncertain times. Another recent report also suggests that the global gaming audience could reach 4 billion people, or around half the world's population, by 2028. However, the delay of major releases like the Switch 2 and GTA 6 has caused some concern about the industry's short-term figures.
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