$30.4 Billion Spent on Games in the US in 2016 - News
by William D'Angelo , posted on 19 April 2017 / 11,486 Views
The Entertainment Software Association (ESA) released its annual report about the video game market in the US.
67 percent of US households now own at least one gaming device. 97 percent of US households own a PC, 81 percent smartphones, 48 percent consoles and 11 percent own a VR device.
The games industry added $11.7 billion to the US GDP last year. There are over 65,000 people working at video game companies with the average compensation in 2016 being $97,000. There are 2,322 developers in the US across all 50 states and 526 publishers in 44 states.
In 2016, $30.4 billion was spent on games, hardware, accessories, and VR. Breaking that down $24.5 billion was spent on games. Sales have increased every year since 2010 where it totaled $17.5 billion.
Digital sales in 2016 accounted for 74 percent of sales. This includes digital downloads, subscriptions, DLC, mobile, and social.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.
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Digital sales are on the rise as the market switches towards digital sales. Digital sales save on labour costs, saves on storage costs, saves on freightage costs and prevents losses due to theft.
The digital sales including DLC, subscriptions and microtransactions makes that statistic meaningless. I'd rather know the true proportion of digital vs physical sales.
That 97% though.
Also digital sales be taking over sooner rather than later by the looks of it.
That's crazy to me! i would have been surprised at 50%, but 75%??!! Digital is starting to, or perhaps already has, taken over. Now if i could get a 20% membership for digital like gamestop, amazon and bestbuy offers, I'd be 100% digital.
What do you mean by 20% membership? Do they offer a 20% discount on digital games or something?
Sorry, what i mean is if Sony, Nintendo and Microsoft offered similar programs like some retail stores who give you 20% off all physical games, but instead had it for digital, then i would buy strictly digital as well, but as it stands for me because i have Best Buys Gamers Club membership, i save about $12 on every game buying physical.
Ah I see what you mean. Yeah that would be awesome!
74% but it included DLC, mobile, and social. No wonder its 74%, I don't know any physical DLC or Mobile games, what I want to know is Digital vs physical games only. then I can panic if digital games have fully taken over
God damn Digital Era is upon us.
i wished they would update the info on this...are they even trying? is anyone?
