The Fastest Growing Sector of The Video Game Industry
The video game industry is growing at a compound annual growth rate (CAGR) of nearly 13% and is expected to be worth over a half-trillion US dollars by 2030. However, within this industry, one sub-sector is growing over 3.5 times faster than the whole, cloud gaming.
2022: $1.02 billion
2023: $1.49 billion
2024: $2.17 billion
2025: $3.17 billion
2026: $4.62 billion
2027: $6.74 billion
2028: $9.84 billion
2029: $14.35 billion
2030: $20.94 billion