Game Developers Report

    • Revenue estimates project the video game industry will finish the year up 20% to $174.9 billion.
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Video game giants Take-Two Interactive and Electronic Arts both reported a decrease in revenue in their latest quarters yesterday. 

Take-Two’s digital sales climbed 16%, which drove a 38% jump in profit, despite an overall drop in revenue. Electronic Arts reported a 15% decrease in revenue, but net bookings for the past 12 months were up 8% to $5.577 billion.

A recent revenue estimate projects the video game industry will finish the year up 20% to $174.9 billion, in part because of the pandemic boosting gaming. 

2020 Video Game Forecast by Sector:

Mobile — $86.3 billion

Console — $51.2 billion

PC — $37.4 billion