TTWO - Gaming Industry Revenues To Hit $307 Billion By 2027: Analysis | Benzinga
Bain & Company forecasts that global video gaming revenue will grow from $199 billion in 2022 to $307 billion by 2027.
This represents a compound annual growth rate (CAGR) of 9%.
What’s Driving This Growth? Analysts at Bain & Company credit the heavy engagement of younger gamers, particularly those aged 13 to 17. This demographic spends about 40% more time in video game environments than on other forms of media, including social media, music, and TV.
Surge In Deal Activity
The gaming sector is also experiencing a surge in deal activity, particularly in gaming software and financial investments. Key transactions ...