Video games are big business, and for those that were sleeping on the gaming industry, 2019 was a wakeup call.
According to a recent report from SuperData, the gaming industry earned $120.1 billion last year, which was a new record and was up 4% from 2018. Fortnite was the leader for the industry for the second straight year as it generated $1.8 billion in 2019.
The gaming industry grew up 4% this year into 120.1 billion Dollars. It was led by the Free to play titles that conducted 75% of the income from digital copies. Apex Legends has grown tremendously due to smart marketing by EA through Gaming Video Content (GVC) pic.twitter.com/B0vVs499LU
— Avihay Hermon (@avihayh) January 6, 2020
The highest “free-to-play” games in terms of revenue for 2019 were: Fortnite ($1.8 billion), Dungeon Fighter Online ($1.6 billion), Honour of Kings ($1.6 billion), League of Legends ($1.5 billion), and Candy Crush Saga ($1.5 billion). The top premium PC and console games were: FIFA 19 ($786 million), Call of Duty: Modern Warfare ($645 million), Grand Theft Auto V ($595 million), FIFA 20 ($504 million), and Call of Duty: Black Ops III ($487 million).
If projections turn out as planned for 2020, the industry could haul in close to $125 billion.
Video Games have come a long way since Super Mario Brothers.