6 Gaming Trends to Watch in 2020 (Charts) | PRO Insight
The continued growth of the games industry has been both a huge surprise and an inevitable certainty: Surprising because very few observers expected it to reach the $180 billion annualized market size it currently boasts, and inevitable because “Fortnite,” “Mario,” “Halo,” “Candy Crush” and Twitch have all become fixtures with audiences in the living room, at the office and on the go. This year will be critical in the evolution of games. Here are six key trends in the gaming industry to keep an eye on in 2020: 1. Gaming could eclipse the market size of paid TV by 2021 based on current growth trajectories. In terms of overall revenue, gaming is now bigger than music and movies combined. Gaming is on track to become the No. 1 entertainment category in the next several years. IDG estimates that gaming reached roughly $180 billion in revenue last year and is on track to exceed $230 billion by 2023. Asia-Pac (led by China, Japan and South Korea) is the biggest overall bucket, followed by North America. But rest of world — led by what we are calling “The Opportunity Markets” of Southeast Asia, Middle East North Africa, Australia/New Zealand, Russia, India, Latin...
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