The global video game market has grown substantially in recent years, and this trend is forecast to continue. This industry's revenue in 2023 reaches about 406.2 billion dollars, and it is expected that by 2028, with a compound annual growth rate (CAGR) of 9.06 percent, it will increase to 626.8 billion dollars. The main growth of this market stems from the expansion of mobile games, the popularity of online and multiplayer games, and the development of virtual reality technology. Increased access to high-speed internet and gaming devices, especially in emerging markets, and the growth of electronic sports (esports) are also important drivers. In addition, revenue generation through in-app transactions and in-game advertising has also helped the industry's sustainable development. It is forecast that by 2028 the number of users will reach 4.4 billion people and games' market penetration will rise from 48.9 percent in 2023 to 55.5 percent. Average revenue per user (ARPU) in 2023 is also about 312.8 dollars. China, with revenue of about 112 billion dollars in 2023, is the world's largest games market.
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Machine-translated from Persian by Namafar; the Persian original is authoritative. Read the original in Persian