Games Revenue Reached a Record $120 Billion in 2019, Free-to-Play Games Like Fortnite Led the Charge
The video game industry had a successful 2019, raking in $120.1 billion in revenue across mobile, PC, and consoles, up more than 3% from the year prior despite fewer major blockbuster releases like Red Dead Redemption 2. And for the second year in a row, Epic?s Fortnite generated the most revenue, this time earning $1.8 billion throughout the year (a decline from its $2.4 billion in 2018). Free-to-play games led the charge on revenue, particularly in the mobile space, which accounted for more than half of the industry revenue in 2019. SuperData estimates that video game revenue will increase by 4% in 2020, leading the industry to earn $124.8 billion. 2020 sees massive games on the horizon like Final Fantasy VII Remake, Cyberpunk 2077, Marvel?s Avengers, The Last of Us Part II and Resident Evil 3, not to mention new consoles coming out at the end of the year. These stats come courtesy of SuperData, a market research website that focuses on digital and interactive media. According to the company, $15.4 billion of 2019?s revenue can be attributed to consoles, a relatively small percentage of the $120 billion total. Here?s the breakdown of 2019?s earnings across the industry:
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Source: PlayStation LifeStyle
URL: http://www.playstationlifestyle.net
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