SuperData says the gaming industry grew by 12% during COVID-dominated 2020

    
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SuperData says the gaming industry grew by 12% during COVID-dominated 2020

Even though we’re nearly in the middle of January, that’s not exactly stopping folks from looking back at 2020 quite yet. Particularly our number crunching friends at SuperData, where a year in review post provided a look at gaming financial trends from last year as well as a few educated guesses at what might happen this year.

Overall, the games and interactive media industry grew by 12%, with free-to-play games making up the lion’s share of earnings at 78% thanks to the Asian gaming market, mobile gaming growing by 10%, and premium game earnings rising by 28%. Other trends of note in gaming was Roblox becoming the third highest-earning digital game of 2020, a 25% year-over-year jump in VR games earnings thanks to Half-Life: Alyx, and gaming video content reaching 1.2 billion viewers thanks to notable events like Representative Alexandria Ocasio-Cortez’s livestream and Among Us rising in popularity.

The wrap-up offers some projections for gaming trends in 2021, noting that the distribution of a COVID-19 vaccine will likely not induce a gaming industry crash, a continued divergence in the strategy of Microsoft, Sony, and Nintendo with regard to their respective gaming consoles and services, and continued consolidation in the industry in order for publishers and developers to find a spot in a competitive market, which will likely be spurred by events such at Microsoft’s buyout of Bethesda and EG7’s purchase of Daybreak Games.

source: Superdata

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Bruno Brito

I expected a bigger growth, but considering that most economies are in shambles, the acquisitive power of middle and lower classes must have shrunk.

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EmberStar

Of course it shrunk. Bezos and Musk have most of the money on the planet by now.

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Bruno Brito

Yep. That money is not circulating soon.

Whoever said that billionaires are good for the economy was tripping balls.

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Peregrine Falcon

That’s literally NOT how it works.

Please take a class on economics or business, because right now you’re like the 8 year old in the back seat who’s criticizing my driving.

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Paragon Lost

With Bezos I’d agree in general. With Musk I think it’s too early to say that. Most of his current wealth is what I call mental masturbation wealth. It’s all based on stocks being overly inflated and not currency he’s actually earned. A lot of Musk’s wealth like Bitcoin can vanish in a second like Keyser Soze if the stock market decides they don’t like his dance.