Analysts at Konvoy Ventures predict that the gaming market will grow to $201 billion in 2023. Konvoy Ventures is one of the few that believes the gaming market will grow rather than decline in 2022. The company discussed this in its latest Gaming Industry Report — Q1 2023.

There were 3.2 billion gamers in the world in 2022. 55% of them are in the Asia-Pacific region. North America accounts for 7%, while Europe accounts for 13%. Foundation analysts believe that by 2027 the market will grow to $283 billion. 

Side note: 3.7 billion gamers in the world

Venture capital financing has returned to pre-2021 levels in volume and number of deals. The big players have $48 billion piled up in their accounts. Some of which is likely to be spent on M&A deals. 

Asia is the leader in venture capital activity. There are as many deals in the U.S., but the volume is smaller. In Europe, activity is fading.

The full report is available on the official website of Konvoy Ventures

Gaming market

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