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Currently, esports organizations still rely on sponsorship as the primary source of revenue, with sponsorship accounting for US$837.3 million by the end of 2022. That accounts for nearly 60 percent of global esports revenues. According to a report by Newzoo, esports organizations are diversifying their revenue streams by delving into other things. ...
Many gamers around the world remain skeptical of cloud gaming as a whole, but according to statistics provided by Newzoo, the new tech is growing rapidly. Cloud gaming generated US$1.5 billion from 21.7 million paying users in 2021. According to the same report, paying users will almost triple to 58.6 million while revenues will quadruple to US$...
The global games market is growing so fast that the video games industry is expanding at such an incredible rate. According to the 2021 Global Games Market Report from Newzoo (via VentureBeat), it will grow from US$175.8 billion in 2021 to more than a whopping US$200 billion in 2024. With an army of more than three billion gamers around th...
It looks like esports is about to get even bigger. According to a report released by Newzoo, global esports revenues will, for the first time, exceed $1 Billion sans platform revenue. "Global esports revenues will grow to $1.1 billion in 2020, a year-on-year growth of +15.7%, up from $950.6 million in 2019," reads the report. It also states that ...
The latest report from gaming statistician gurus Newzoo have revealed that in 2019, Malaysia’s 20.1 million gamers spent an impressive $673 million (RM2.7 million). This makes the country - in terms of absolute revenues - one of the most lucrative markets in the SEA region. The research also revealed that, unsurprisingly, mobile gaming as t...
Battle royale games have been here for a couple of years now and with it, popular titles like PUBG, Fortnite, and Apex Legends played by millions of gamers worldwide. In fact, Newzoo statistics show that around 41 percent of all gamers in the U.S. play battle royale games. Of that number, the majority (59 percent) of battle royale players are loya...
Female gamers are often chastised for not being 'real' gamers, whatever that means. However, statistics have proven otherwise, and there are a lot more women in the gamer population than most guys think. According to Newzoo, there are over one billion female gamers in the world, making up a whopping 46 percent of all game enthusiasts. That's almo...
In the previous year, the top 25 public game companies generated a combined revenue of US$107.3 billion, a 16% increase from 2017. This is the first time the industry has exceeded the 100-billion-dollar mark. Together, these companies accounted for almost 80% of the $134.9 billion global games market. According to our friends at Newzoo, Tencent sin...
When Apex Legends launched, it massively affected the game ecosystem for a bit. For starters, the game dropped out of nowhere. Think of it as an asteroid dropping and wiping out the entire dinosaur population. It sent shockwaves in the gaming industry. Thanks to Newzoo, we have data on how the game affected the competition. Let's see how Apex Lege...
According to statistics provided by Newzoo, Southeast Asia (SEA) is the world's fastest-growing games market, despite only accounting for 3.1% of the total games market in 2019. That's because the SEA games market is expected to generate a whopping $4.6 billion in revenue this year, which is a remarkable 22 percent increase from 2018. Asian Publi...
Apex Legends was released out of nowhere on 4 February. No one was expecting that kind of release from Respawn and EA. Even Fortnite didn't expect that and therefore did not hold their fort as Apex Legends stole Fortnite's crown as #1 game on Twitch (by total live hours watched). As a matter of fact, Apex Legends was viewed live on Twitch for an i...
The most popular (most-watched) esports games on Twitch have always been dominated by PC games like Dota 2 and Counter-Strike: Global Offensive. However, things have begun to change. In December 2018, statistics show that four console esports games have managed to break into Twitch's top ten. These games include FIFA 19 at number 5, Call of Duty: ...
Say what you will about mobile gaming on Android and iOS platforms. They're still dominating around half of the global games industry revenue, with market intelligence firm Newzoo forecasts stating that it will reach approximately $63.2 billion by the end of 2018. That may be lower than their earlier estimates of $70.3 billion, but consoles and PC ...
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