Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
November 23, 2014
arrowPress Releases
November 23, 2014
PR Newswire
View All






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Analyst: Video Game Market Worth $60B Worldwide In 2011, $80B By 2014
Analyst: Video Game Market Worth $60B Worldwide In 2011, $80B By 2014
October 7, 2011 | By Mike Rose




A new analyst report suggests that the worldwide market for video games will exceed $60 billion this year, over both hardware and software sales.

Colin Sebastian, newly moved to analyst firm Robert W. Baird & Co. also noted that the company expects the video games industry to generate more than $80 billion in 2014.

For the next 3-5 years, he suggested that online game revenues will increase by around 15-20 percent each year, with DLC and mobile titles the biggest factors, along with social network games.

Concerning the next few months, Sebastian believes that the industry will see positive growth following a slow summer, thanks to a barrage of "drive titles" such as Modern Warfare 3, Battlefield 3 and Uncharted 3.

Overall, he noted that the video game industry is the only segment of the entertainment sector that is showing "clear growth."

"Unlike newspapers, magazines, TV and radio, video game sales have accelerated since the advent of online and mobile platforms," he said. "And yes, we believe another video game cycle is likely, with Sony already in development on a next-generation PlayStation."


Related Jobs

Disruptor Beam, Inc.
Disruptor Beam, Inc. — Framingham, Massachusetts, United States
[11.22.14]

Lead 3D Artist
Infinity Ward / Activision
Infinity Ward / Activision — Woodland Hills, California, United States
[11.22.14]

Lead Game Designer - Infinity Ward
GREE International
GREE International — Vancouver, British Columbia, Canada
[11.21.14]

Sr. Game Designer
Cloud Imperium Games
Cloud Imperium Games — Santa Monica, California, United States
[11.21.14]

Technical Artist









Loading Comments

loader image