This question is about video game industry statistics.

Is the video game industry growing?

By Zippia Team - Jun. 29, 2022

Yes, the game industry is growing. From 2019 to 2020, the industry saw a huge spike in growth. For example, there was a 30% increase in the number of gamers in the U.S.

While this rate has slowed down significantly, the gaming industry is still expected to experience a CAGR of 9.3% from 2020 to 2027. This would mean that by 2027 the industry will be worth at least $293.2 billion.

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