Video game revenue peaked at USD 43.8 billion in 2018: Report

Updated:6 years, 9 months ago

New Delhi, Jan 24 (ANI): Video gaming industry had a stellar year as the revenue peaked up 18 per cent in 2018, compared to previous years. According to new data released by the Entertainment Software Association and The NPD Group, video game revenue in 2018 reached a new peak of USD 43.8 billion. This figure also surpasses numbers for streaming services which are estimated to earn around USD 28.8 billion in 2018, TechCrunch reported. The impressive growth of video games is apparently seen as a threat by video streaming platforms such as Netflix who reportedly are concerned more than Fortnite than rival HBO. The revenue growth is attributed across the spectrum of the gaming industry, including personal computing and mobile gaming. The hardware, peripherals and software revenue also spiked owing to physical and digital sales, in-game purchases and subscriptions.

Top Videos

Updated:4 years, 9 months ago

Pan-India dry run for COVID vaccine tomorrow: Harsh Vardhan

Updated:4 years, 9 months ago

PM Modi joins world leaders in condemning US Capitol siege

Updated:4 years, 10 months ago

Indo-Japan Samvad: Buddha’s message spread out from India to world, says PM Modi

Updated:4 years, 10 months ago

Centre preparing with states for past 4 months for COVID-19 vaccination: Harsh Vardhan

Updated:4 years, 10 months ago

In Jan, India may be in position to give 1st COVID vaccine shot: Harsh Vardhan

Updated:4 years, 10 months ago

Worst is over but still need to be cautious: Health Minister on COVID-19 cases in India

Video game revenue peaked at USD 43.8 billion in 2018: Report

Top Videos

Related Video

Samsung Galaxy A52 5G to get monthly security updates

Amazon changes its app icon after ‘Adolf Hitler’ comparison

Instagram launches new Live Room feature allowing four people go live at once

Spotify rolls out feature to let users filter liked songs by mood, genre

YouTube’s new feature will allow parents to choose what children can watch

Google Maps rolls out dark mode on Android

Netflix's Latest Feature Will Automatically Download Shows, Movies Based On Preferences

Android 12 features new, easier way to share Wi-Fi password

New Developer Preview for Android 12 suggests potential new UI changes

WhatsApp may roll out ‘Sign Out’ feature in the app

Twitter introduces Voice Messages to DMs in three countries

Microsoft Office launches new tablet-friendly version app on iPad

Here's when Facebook's smartwatch will release

Mercedes is recalling vehicles over emergency-call location error

Greet your guests with Alexa now!

Instagram takes strict steps to restrain hate speech in direct messages

Apple Maps to get Google like accident reporting

Snapchat to start reminding users to clean out their friends list

Android Beta users get new 'Mute Video' feature on WhatsApp

Microsoft launches 'Viva' to re-examine corporate intranet