According to a recent study on the market share of video game revenues over the past ten years, mobile gaming has experienced immense success and claimed the top spot, while PCs continue to maintain their advantage over consoles. In 2022, […]
According to a recent study on the market share of video game revenues over the past ten years, mobile gaming has experienced immense success and claimed the top spot, while PCs continue to maintain their advantage over consoles. In 2022, mobile games generated an astonishing revenue of $101 billion, with PCs and consoles earning $45 billion and $30 billion, respectively.
Since 2013, PC game revenues have surpassed those of consoles, highlighting the consistent advantage of PC gaming in this competition. If this trend continues throughout the remaining quarters of 2023, it will mark a decade-long lead for PCs.
However, it is important to note that mobile gaming has been leading in terms of revenues for years. Since 2009, mobile games have generated $18 billion, compared to $17 billion from the PC industry and $25 billion from consoles during the same period.
It is crucial to understand that these figures represent revenues rather than just game sales. The data includes games that utilize microtransactions or the “Free to Play” model with advertisements. Additionally, games that offer live services and functional economies, such as the popular game Team Fortress 2, are also included in these revenues.
Apart from mobile games, the sales of PC and console games should not be overlooked. On the Steam platform alone, over 14,500 games were launched in 2023, with the estimated revenue of this site reaching $9 billion in 2020. Consoles have also seen a significant increase in revenue in 2023, following the release of many AAA and AA games that were originally delayed due to the global pandemic.
While the video game industry generates substantial revenues, it often faces challenges, including employee layoffs after successful game releases. Nevertheless, statistics indicate that the industry remains relatively healthy, at least in terms of revenue.