7 ms·
Understanding the value of a European video games society
- jruohonen 3y ago"The EU27 video games market generated EUR €23.48 billion of revenue in 2022, with revenues in the sector being 4.3 times higher than digital music and 1.8 times higher than video-on-demand." "The number of European gamers increased significantly over the COVID-19 pandemic, and now over half of the European population regularly play video games (people aged between 6-64 years old)." "70% of companies in the EU video games sector employ fewer than 10 people, but the diversification of distribution platforms beyond consoles and PCs has created a space for indie games from smaller companies to flourish." "The video games sector in Europe employs around 74,000 people across 5,000 game development and publishing studios. In the EU27, 40% of firms report difficulties in recruitment and finding the skills that they need."