Is Gaming Bigger Than Hollywood?

What’s the most sold console?

According to the graph above, amongst the most popular game consoles around the world are the PlayStation 2, Nintendo DS/3DS and the Game Boy.

This statistic also shows specifically how these and other consoles sold in their first week on the shelves..

What is the number 1 industry in America?

Which Are The Biggest Industries In The United States?RankIndustry% of total GDP1Real estate, renting, leasing13%2State and Local Government9%3Finance and insurance8%4Health/social care8%15 more rows•Aug 1, 2017

How much money do video games make a year?

As an industry, video games generated $119.6 billion in revenue during 2018, according to SuperData.

What is the size of the gaming industry?

Video games are a billion-dollar business and have been for many years. In 2020, the revenue from the worldwide PC gaming market was estimated at almost 37 billion U.S. dollars, while the mobile gaming market generated an estimated income of over 77 billion U.S. dollars.

Do video games make more money than Hollywood movies?

In terms of revenue, the gaming industry out earns films. According to the Entertainment Software Association, the video game industry earned $30.4 billion in 2016 in the United States. Films, meanwhile, generated $11.6 billion in total box office revenue in 2016.

What is the largest industry in the world?

The 10 Global Biggest Industries by RevenueGlobal Oil & Gas Exploration & Production. … Global Commercial Real Estate. … Global Car & Automobile Sales. … Global Car & Automobile Manufacturing. $2,976,5B.Global Direct General Insurance Carriers. $2,535,2B.Global Commercial Banks. $2,341,0B.Global Auto Parts & Accessories Manufacturing. $1,872,8B.Global Tourism. $1,541,0B.More items…

Is gaming a big industry?

According to a recent report by Newzoo senior market analyst Tom Wijman, the global gaming market will generate $159.3 billion in revenue in 2020. That would be 9.3 percent year-over-year growth. What’s more, Newzoo projects the industry to surpass $200 billion in revenue in 2023.

What is the richest video game company?

The Richest Video Game Developers In The World [Updated 2020]2K Games — $3.22 Billion. … Capcom — $3.44 Billion. … Ubisoft — $3.69 Billion. … Valve — $4 Billion. … King — $5.69 Billion. … Nintendo — $20.11 Billion. … Electronic Arts — $22.90 Billion. … Activision Blizzard — $29.23 Billion.More items…•

What entertainment makes the most money?

In fact, according to a report by Reuters, gaming is bigger than it ever was, bigger than every other form of entertainment. Last year, the gaming industry produced an estimated revenue of $116 billion, beating TV and TV streaming services’ $105 billion, and that’s as close as the industry wars got.

Is gaming industry bigger than Hollywood?

According to the latest figures, the video game business is now larger than both the movie and music industries combined, making it a major industry in entertainment. This year, the global games market is estimated to generate US$152.1 billion from 2.5 billion gamers around the world.

What industry makes the most money?

Highest-Paying IndustriesHighest Paying Industries Sort by: Wages: High to Low Wages: Low to High Industry: A to Z Industry: Z to ARankIndustryAverage Annual Wages1Portfolio Management$288,7792Investment Banking and Securities Dealing$279,4803Electronic Computer Manufacturing$246,4197 more rows

How much money do games make?

Ad Revenue As a comparison, Android games using the same criteria only generated $1.90 per user. Entertainment and utility apps on the iPhone generated more revenue than games, with $6.70 and $9.50 per user, respectively.

What is the highest grossing game of all time?

The 11 top-grossing video games of all timeSpace Invaders (Arcade/Atari 2600) — $13.9 billion.Pac-Man (Arcade/consoles/mobile/PC, 1980) — $12.8 billion. … Street Fighter II (Arcade/SNES/Genesis, 1991) — $10.6 billion. … World of Warcraft (PC, 2004) — $8.5 billion. … CrossFire (PC, 2007) — $6.8 billion. … Wii Sports (Wii, 2006) — $6 billion. … More items…•

Which country has the most gamers?

ChinaRelated Rankings:1.China907.5M2.United States283.9M3.Japan101.5M4.South Korea48.2M5.Germany75.5M7 more rows

Which industry will grow in 2020?

Fastest Growing Industries in the US in 2020Cough & Cold Medicine Manufacturing OTC. … 3D Printing & Rapid Prototyping Services. … Hydraulic Fracturing Services. … Autonomous Underwater Vehicle Manufacturing. … Stock & Commodity Exchanges in the US. … Medical & Recreational Marijuana Growing. … Massage Franchises.More items…