Newzoo: Game industry growing faster than expected - $116 billion 2017

Game market researcher Newzoo reported that the global game market will hit $116 billion in revenues on, up from 10.7 percent from a year earlier.

With the growing popularity of esports games will see further growth, surpassing the $130 billion to $150 billion sports industry within three or four years from now. By 2020, games will hit $143.5 billion in revenues on a global basis.

Image: newzoo

Mobile gaming revenues for 2017 were revised upward the most, from $46.1 billion to $50.4 billion. From a regional perspective, the adjustment was mainly driven by new 2017 revenue figures for China and Japan.

Image: newzoo

The whole point shows how strong and profitable gaming industry is becoming. Hope this growth will somehow merge with digital currencies.

As for the Indie Game developers, this is the perfect news and a way of encouragement to focus on games more.

For more information visit the original source news:
VentureBeat
Newzoo

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