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Video Games in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Video Games Market Research Report | NAICS NN003 | Nov 2014

Level complete: Demand for video games will increase as disposable income grows

IBISWorld’s Video Games market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$41bn
Annual Growth 09-14
0.7%
Annual Growth 14-19
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Profit
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Employment
170,018
Businesses
29,514
Industry Analysis & Industry Trends

Demand for the industry will remain strong, as consumers increasingly adopt new consoles and games. Furthermore, the market for video games will extend beyond young males, as more women and consumers of all ages turn to the industry for entertainment. Revenue growth will continue to be bolstered by new technologies and online games, with more systems providing internet connectivity... purchase to read more

Industry Report - Industry Analysis Chapter

The Video Games industry has yet to fully recover from the financial crisis and ensuing recession. Although revenue is estimated to rise at an annualized rate of 0.7% to $40.9 billion over the five years to 2014, this figure remains well below the industry's prerecessionary peak of $42.9 billion. Amid falling disposable incomes and rising concerns about job security, consumers were quick to cut back their discretionary video game-related expenditures. Nonetheless, the entertainment value offered by video games in terms of cost per hour, especially when compared with other forms of leisure, continued to encourage spending even during the downturn... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Video Games Industry?

The Video Games industry includes the broader operations of all video games components in the United States. Gaming consoles, games made for those consoles and games produced specifically for personal computers make up the retail segment. The development and manufacturing of games, consoles and accessories also constitute a notable share of the market. Moreover, growing revenue from online gaming subscriptions complements industry products.

Industry Products
Physical games and softwareConsolesAccessoriesOnline games and software
 
Industry Activities
Developing video game software Publishing video game software Wholesaling video game softwareRetailing video game software Manufacturing video game software Retailing video game consoles Wholesaling video game consoles and accessoriesDeveloping video game accessories Retailing video game accessories Providing online game subscription services


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