Are 90% of game sales digital? (2024)

Are 90% of game sales digital?

Apparently, 90% of video game sales in 2022 were digital. So, where does this leave the future of physical media? In recent years, purchases of digital media have been on the rise.

What percentage of video games are sold digitally?

What percent of games are bought digitally? To be exact, the Entertainment Retail Association (ERA) claims that 89.5% of video game purchases were digital downloads, while the remainder 10.5% were physical. While 90% is a huge chunk of video game purchases, that number isn't quite as drastic as it may appear.

Do more people buy physical or digital games?

The ERA estimates 89.5% of games sold in 2022 were digital downloads. Only 10.5% of copies sold were physical discs or cartridges.

What percent of game sales are PC?

How big is the PC gaming market compared to consoles? The Highlights: Regarding the market breakdown by revenue, console games made up the lion's share at 56.2%. Boxed and downloaded PC titles commanded 41.3% of the market share.

Is Digital the future of gaming?

The future of gaming looks bright, with the emergence of new technologies such as virtual reality and the increased prevalence of mobile gaming. Virtual reality (VR) has the potential to revolutionize the gaming industry by immersing players in a fully interactive and realistic digital world.

How big is the digital gaming industry?

The global video game industry is a billion-dollar business and has been for many years. In 2022, the revenue from the worldwide gaming market was estimated at almost 347 billion U.S. dollars, with the mobile gaming market generating an estimated 248 billion U.S. dollars of the total.

How big is the virtual gaming market?

The industry is growing at a fast pace, with the global VR market size projected to increase from less than 12 billion U.S. dollars in 2022 to more than 22 billion U.S. dollars by 2025.

Do digital games ever sell out?

A digital only video game release cannot sell out unless the publisher wants to make a limited copies system like nintendo did in super mario all stars. Digital only copies is what most publishers see as a win win both for their customers and for themselves.

Why do people buy physical copies of games?

Another big plus: There are no subscriptions needed for physical games; they're always yours. What's more, unlike digital games, physical games have a resale value. This value can even rise above the original purchase price if the game becomes a collector's item.

Why do people still buy physical games?

Another big reason for owning physical is the ability to lend a game, sell a game or gift a game to other people. 17% said they buy physical so they can play the game in different locations or lend to a friend/family member, while 13% said they want the ability to give the game to someone else.

Are physical video games still popular?

Are physical games still popular? The ERA estimates 89.5% of games sold in 2022 were digital downloads. Only 10.5% of copies sold were physical discs or cartridges.

Do games sell more on PC or console?

The market intelligence firm attributed the slight decrease in consumer spending partly to fewer console game releases in 2022. Regarding the market breakdown by revenue, console games made up the lion's share at 56.2%. Boxed and downloaded PC titles commanded 41.3% of the market share.

Are PC sales declining?

The ups and downs of the PC market for the period starting before Covid up until today continue to be a sign of the larger economy. For all of 2023, shipments are now forecast by IDC to be down by nearly 14% over last year, with growth of nearly 4% in 2024.

Is Xbox going digital?

The new Xbox Series X was leaked, it's digital only and it will replace the current console. Today the new Xbox was leaked on documents uploaded by the FTC, and it is a digital only console. A month ago there was a leak of the PS5 Slim which is also a digital console with an optional detachable disc drive.

Will games become digital only?

There will be no more discs, no more cartridges, a trend that will accelerate over the next 2 years, and by 2028, the majority of games of this kind will only be available in digital format.

Are all video games going digital?

In 2018, a record 83 percent of all computer and video games were sold in digital form, meaning that, once the game is downloaded, it is immediately ready to play. In contrast, only 17 percent of video games were sold in physical form.

Which country buys the most video games?

As of 2022, it is estimated that the United States ranks first among the biggest gaming markets worldwide, with a revenue of 54.9 billion U.S. dollars. The video gaming market in China ranked second, generating an approximate 44 billion U.S. dollars in annual revenues.

Who owns most of the gaming industry?

The largest video game company is Sony Interactive Entertainment with a annual gaming revenue of $28.2 billion. As of 2022, the global video game industry has a market size of $365.6 billion. There are at least 214.4 million monthly gamers in the U.S.

Who is the biggest gaming industry?

As of November 2023, Nintendo held the top spot among the largest gaming companies by market cap. The multinational gaming company is headquartered in Kyoto, Japan, and develops as well as publishes both video games and gaming consoles.

How big is Web3 gaming market?

Highlights: The Most Important Statistics. The global Web3 gaming market surpassed $2 billion in 2021. By 2022, it's expected that global spending on blockchain games could reach $3.2 billion. Number of gamers engaging in Web3 based games increased to over 2 million from mid-2020 to mid-2021.

How big is the gaming market in 2023?

In 2023, the Video Games market is projected to reach a revenue of US$249.60bn.

What is the biggest online gaming company?

What percentage of game revenue comes from virtual items?

Gaming is currently a $180B global industry that derives 75% of its revenue from virtual items — nearly a four-fold increase in marketshare for this business model over the last decade.

Do digital copies of games sell out?

A digital only video game release cannot sell out unless the publisher wants to make a limited copies system like nintendo did in super mario all stars. Digital only copies is what most publishers see as a win win both for their customers and for themselves.

Are digital games more popular?

Are digital games more popular than physical? Apparently, 90% of video game sales in 2022 were digital.