The U.S. video game industry revenue is expected to grow at a compound annual growth rate of 3.6 percent from 2015 to 2020, according to a new report by PWC.
Per statistics released by Newzoo, the latest quarterly update of its Global Games Market Report. It shows that gamers worldwide will generate a total of $99.6 billion in revenues beyond 2016. For the first time, mobile gaming will take a larger share than PC with $36.9 billion, up 21.3% globally.
Worth noting is that Newzoo expects game software revenues from VR to remain marginal for the near future and to largely substitute another game spending on console, PC, and mobile. As the uptake of VR hardware plays out, game software revenues will automatically be absorbed into current PC, TV/console, and mobile revenues.
Terralogic gaming team has its footprints on the industry leaders such as EA® and Disney® delivering quality & robust gaming content: