Content spending increased 2 percent over 2018 Washington, DC – January 23, 2020 – U.S. video game content generated $35.4 billion in revenue in 2019, a 2 percent increase over 2018*, according to new data released today by the Entertainment Software Association (ESA) and The NPD Group.

How much did people spend on video games in 2020?

Video game spending hits record $56.9 billion in 2020 Total video game spending in 2020 reached $56.9 billion, up 27% higher than the previous year, according to research firm NPD Group.

How much money is spent every year on gaming?

In 2017, Americans spent $36 billion on video games. Out of this, $6.9 billion was spent on hardware. The average game console costs between 399 to 499 if you purchase it brand- new. Add in a 60 dollar yearly subscription for playing online, along with a hundred dollars in batteries over the year.

How much money is spent on video games in 2021?

In 2021, the video game market size in the United States is projected to surpass 65.49 billion U.S. dollars, down from the all-time industry high in 2020 with 66.88 billion U.S. dollars.

How many hours does the average teenager play video games 2020?

Who plays video games? According to two recent studies about young children and tweens and teens: 66% of tweens aged 8 to 12 play video games for an average of 2 hours per day. 56% of teens ages 13 to 17 play video games for an average of 2.5 hours per day.

How much money did the video game industry make in 2020?

In 2020, the revenue from the worldwide PC gaming market was estimated at almost 37 billion U.S. dollars, while the mobile gaming market generated an estimated income of over 77 billion U.S. dollars.

Which video game console is currently the best seller?

Sony’s PlayStation 2
Sony’s PlayStation 2 is the best-selling game system overall with over 155 million units worldwide.

Are video games a waste of money?

Video games started in the arcades as a popular place for both kids and adults to hang out. When the video games transitioned into the home, they captured even more attention. However, even with the popularity of video games, some still believe that they are a waste of time and money. That simply isn’t true.

How much money do Americans spend on video games?

As the following chart illustrates, consumer spending on video games, hardware and accessories reached a record level of $43 billion in the United States last year. Over the next few days, game publishers, console makers and other industry players will do their best to entice gamers to spend even more in 2019.

What are the stats about the video game industry?

Astounding Stats About The Demographics of Video Games. The gaming industry is expected to reach $180.1 billion in revenue by 2021; There are more than 2.5 billion video gamers around the world; The average gamer is 34 years old; 70% of gamers are age 18 or older ; 60% of Americans play video games daily; 45% of US gamers are women

How many people play video games in the world?

There are 2.7 billion gamers worldwide in 2020. In 2014, there were just 1.82 billion video gamers, and by 2018, that number had risen to 2.2 billion. Statistics report the following demographics for video game players in the US:

How much time do people spend playing games?

Out of this information came some fairly interesting findings. On average, gamers are playing for 7 hours and 7 minutes each week. Which to me does not sound like a big number because I play a lot more than that. However, this number is actually up nearly 20% from last year.