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The Global Games Market Reaches $99.6 Billion in 2016

NEWZOO_vertical_301pxToday, Newzoo released the latest quarterly update of its Global Games Market Report. It shows that gamers worldwide will generate a total of $99.6 billion in revenues in 2016, up 8.5% compared to 2015. For the first time, mobile gaming will take a larger share than PC with $36.9 billion, up 21.3% globally. APAC continues to dominate worldwide, accounting for 47% of the market. China alone accounts for one quarter of all global game revenues. Newzoo expects the global market to grow with a CAGR of +6.6% toward 2019, eventually reaching $118.6 billion with mobile gaming at $52.5 billion.

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Source: Newzoo Resources