The video game industry encompasses all aspects of video game production, marketing, and monetization. It comprises dozens of job fields and employs thousands of individuals throughout the world.In recent years, the video game business has progressed from niche to mainstream. As of July 2018, video games have a global sales value of US$134.9 billion. According to the ESA annual report, it brought in around US$ 9.5 billion in 2007, 11.7 billion in 2008, and 25.1 billion in 2010. [needs to be updated].
The top ten video game markets in the world include four Asian nations, Mexico, and Russia, with just the United States and three European countries remaining. According to the Statista Digital Market Outlook, video gaming is a massively popular and successful sector all over the world, with worldwide revenue forecasted at $154.6 billion in 2021.
China, the largest market, had an anticipated industry turnover of $49.3 billion in 2021, rising to $71.2 billion in 2025 – far ahead of the second-placed United States, which brought in $42.5 billion that year. Japan, in third place, continues to be an extraordinary market for video games, with revenues estimated to reach $24 billion in 2025, four times those of South Korea, the United Kingdom, or India.
Around the world, mobile games presently account for around 70% of all video game income. This percentage was much greater in China, where it was 84 per cent, and in Mexico, where it was 74 per cent.
Have a look at the chart to find out the Top 10 Largest Video Game Markets In The World
